The elimination of riskless profit opportunities in the futures market is referred to as ________
A) speculation
B) hedging
C) arbitrage
D) open interest
E) mark to market
C
Business
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The point where the revenue, from the sales of the products (units) offered to the marketplace, equals the total costs (variable costs + fixed costs) associated with producing these products (units) is called the:
A. equilibrium volume B. balanced quantity C. contribution margin D. break-even point E. full contribution point
Business
Good writing never includes ______________
a. details b. gobbledygook c. jargon d. examples
Business