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yarga [219]
3 years ago
6

The Chicago Mercantile Exchange has announced the introduction of a financial instrument that is based on rainfall in the state

of Illinois. The standard agreement states that for each inch of rain over and above the average rainfall for a particular month, the seller will pay the buyer $1,000. This instrument could be sold by someone who ___________ from above average rainfall, and someone who ______________ by above average rainfall should buy the contract.
Business
1 answer:
Nitella [24]3 years ago
5 0

Answer:

benefits , is harmed

Explanation:

According to the standard agreement each inch of rain over and above the average rainfall for a particular month, the seller will pay the buyer $1,000

therefore,

This instrument could be sold by someone who benefits from above average rainfall, and someone who is harmed by above average rainfall should buy the contract.

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