Refer to Figure 29-1. The appreciation of the dollar is represented as a movement from

If, for a $1000 premium, you buy a $100,000 call option on bond futures with a strike price of 114, and at the expiration date the price is 110, your ________ is ________

A) profit; $1000 B) loss; $1000 C) profit; $3000 D) loss; $3000

Based on Figure 3.2, it can be inferred that:

A) Alvin does not consider good X as "good." B) Alvin will never purchase any of good Y. C) Alvin regards good X and good Y as perfect substitutes. D) Alvin regards good X and good Y as perfect complements. E) none of the above