On the expiration date of a futures contract, the price of the contract converges to the
A) purchase price of the contract.
B) average price over the life of the contract.
C) price of the underlying asset.
D) average of the purchase price and the price of the underlying asset.
C
Economics
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Firm X owns both a grocery store and the parking lot outside the grocery store. In order to increase the traffic at the store the owners of the store should
a. Increase the prices on the goods sold in the store b. Increase the parking rates c. All of the above d. None of the above
Economics
A monopolist faces a downward-sloping demand curve because:
a. the demand for its product is inelastic. b. the industry demand curve is horizontal. c. resource prices increase as the monopolist expands output. d. the entire market demand curve is the monopolist's demand curve.
Economics