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LiRa [457]
3 years ago
7

Suppose you sell 22 of the May corn futures at the high price of the day. You close your position later when the price is 464.75

0. Ignoring commission, what is your dollar profit on this transaction
Business
1 answer:
Ipatiy [6.2K]3 years ago
4 0

Answer:

What's the high price of the day?

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An organization that has a relatively diverse employee population and makes an effort to involve employees from different gender
vovikov84 [41]

Answer: Pluralistic organization

Explanation: Pluralistic organization is an organization that is made up of diverse group of people,it may include people of different race, gender, Sociocultural background and makes efforts to ensure that they maintain harmony,pluralistic organization is essential for global Integration and it is practiced by most international organization like the United Nations, World health organization and business entities.

6 0
3 years ago
easynotrcards Under a fixed exchange rate regime, if the domestic currency is initially undervalued, that is, above par, the cen
Alina [70]

Answer:

D) foreign; domestic

Explanation:

The central Bank can improve the domestic currency by using the reserves. If the domestic currency undervalued the central bank may intervene to sell the Foreign currency and purchase the domestic currency, which will increase the demand of domestic currency and increase the supply of foreign currency in the market which will improve the value of domestic currency and undervalue the foreign currency.

7 0
3 years ago
Read 2 more answers
A firm incurs $400 to manufacture a television. In the market, customers are willing to pay a maximum of $600 for the television
kotykmax [81]

Answer:

D. Economic value created.    

Explanation:

The reason is that the economic value created is the difference between the price the customer is willing to pay and the cost that the product actually costs to the firm.

Following is the formula for calculation of economic value created:

Economic Value Created = Value customer willing to pay   -  Cost of product

Here the television costs $400 to the firm and the customer is willing to pay $600 for the television. So by putting the values we have:

Economic Value Created = $600 - $400 = $200

So the correct option is option D.

5 0
3 years ago
T/F: If Harold runs a grocery store and is making a normal rate of return, we can infer that he is also making an economic profi
Misha Larkins [42]

Answer:

False

Explanation:

It does not necessarily means that when a firm gets a normal rate of return, it earns economic profit also, as it depends on various factors:

  • In the short run every firm aims to recover its variable cost, and in it's long term duration to recover its total cost, but it does not necessarily conclude that the return will attain the level of earning economic profit.
  • Normal rate of return is based on competitive market, as an average rate of return on market, but if the investment is made from borrowed funds, it might be that the company is not able to pay the cost of borrowing in that case it is even after attaining the normal rate of return it will not earn economic profit.
3 0
2 years ago
3.63 cubic yards + 1.53 cubic yards
Lady_Fox [76]
5.16 cubic yards is the answer.
6 0
3 years ago
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