A put option is a contract
A. that gives the owner the right, but not the obligation, to buy shares of a stock at a specified price within the time limits of the contract.
B. that gives the owner the right, but not the obligation, to sell shares of a stock at a specified price within the time limits of the contract.
C. in which the seller agrees to provide a particular good to the buyer on a specified future date at an agreed-upon price.
D. that gives the owner the right, but not the obligation, to buy or sell shares of a stock at a specified price within the time limits of the contract.
Answer: B
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A) 10,000 B) 500,000 C) 50 D) 30,000
If X and Y are complementary goods, the demand curve for X will shift to the right when the price of Y increases
a. True b. False Indicate whether the statement is true or false