Figure 4-16
Assume that Figure 4-16 shows the supply of soda. An increase in the price of syrup used in the production of soda will shift supply from
a.
S1 to S2.
b.
S2 to S1.
c.
S2 to S3.
d.
S1 to S3.
b
Economics
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A derivative is a financial instrument that derives its value from another financial instrument, an underlying asset, or indices.
a. true b. false
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