The contact points where the terms of forward contracts are set are known as:
a. the underlying markets.
b. the derivative markets.
c. the over-the-counter markets.
d. the futures exchange.
C
Economics
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The marginal benefit of each additional unit of a good consumed
A) increases as more is consumed. B) is always equal to its marginal cost. C) decreases as more is consumed. D) will maximize consumer surplus. E) is equal to the deadweight loss if the unit of the good is not produced.
Economics
The "real" price of a good is known as
A) the absolute price of the good. B) the dollar price of the good since we use dollars in the United States. C) relative price of the good. D) the price actually paid for a good instead of the sticker price.
Economics