When speculators begin to sell futures contracts, suppliers will
a. try to sell more in the spot market.
b. store more of their crop to sell in the future.
c. not have any incentive to change their plans.
d. earn larger profits.
a. try to sell more in the spot market.
You might also like to view...
The prisoners' dilemma is similar to the problem faced by firms in an oligopoly in the United States because
A) mutual interdependence exists, and collusion is illegal in the United States, so the firms cannot legally communicate. B) collusion is legal in the United States, and firms can communicate their pricing decisions to each other. C) failure to cooperate leads to better outcomes than cooperation. D) private prisons are run by oligopolies. E) the firms can communicate, but mutual interdependence exists.
The only Giffen goods that have been identified so far in the real world are luxury goods
Indicate whether the statement is true or false
The currency component includes paper money and coins held in
A) bank vaults. B) ATMs. C) the hands of the nonbank public. D) the central bank.
The wage premium in the United States has risen consistently starting in
a. 1973. b. 1975. c. 1978. d. 1983.