In the above figure, using the slope across an arc, the slope of the curve between points b and c is

What types of risk can firms mitigate using futures contracts?

A. Price Risk B. Price spread risk C. Production risk D. A and B

Which is NOT an example of moral hazard

a. people eat less at all-you-can-eat buffets b. loggers clear-cut a tract of land when paying a fixed price rather than when paying per tree felled c. Drivers of heavier, safer cares are more likely to run stop signs d. workers on commission work harder than those paid an hourly wage