Answer: $15.50
Explanation:
From the question, we are informed that someone establish a straddle on Fincorp using September call and put options with a strike price of $80 and that the call premium is $7.00 and the put premium is $8.50.
The most that can be lose on this position will be the addition of the call premium and the put premium. This will be:
= $7.00 + $8.50
= $15.50
Answer:
Demand drops to zero
Explanation:
Infinite elasticity of demand is also called perfect elasticity of demand.
In this scenario the demand for a product is attached to it's price.
There is an infinite change in the quantity demanded as a result of change in price.
Graphically it is a horizontal demand curve as represented in the attached
Even a small increase in price will cause demand to fall to zero.
Examples are luxury goods such as high end cars and expensive jewelry.
Answer:
d. Mexico has nothing to gain from importing United States pork.
Explanation:
The principle of comparative advantage asserts that countries (in this case Mexico) are better off importing certain goods (in this case pork), given that the opportunity cost of importing such goods are less in comparison to the production costs of manufacturing them within the country.
By definition, a country is said to have a <em>comparative advantage</em> over another, when they can produce a certain good or service at a lower marginal or opportunity cost.
Answer:
True
Explanation:
The eleven categories are
- Visualization : for better understanding of data
- Argumentation: visualize the structure of complex arguments using graphs
- eParticipation : encourages participation in social and political process
- Opinion mining : interpret public comments written in different application
- Simulation :guides towards making decision concerning future actions
- Serious games:Train users
- Policy making : to help in policy making
- Persuasive tools : to convince users for change of attitude
- Social network analysis : analyse social network users behavioral pattern
- Big data : supports helps in processing large data
- Semantics and linked data: analyzing and publishing large data
