On Feb 15th, the price of a commodity is $60.00 and the December futures price is $60.50. On September 15th, the price of the commodity is $64.00 and the December futures price is $64.10. A buyer of the commodity entered into a December futures contracts on Feb 15th to hedge the purchase of the commodity on September 15th. It closed out its position on September 15th. What is the effective price (after taking account of hedging) payed by the company for the commodity?

If temper company, a manufacturer of mattresses, was considering moving its production facilities to china but decided against it because the additional costs of shipping the mattresses back to the u. s. would offset the cost savings associated with moving the production facilities, the increased costs associated with shipping would be an example ofanswers: learning-curve economies. diseconomies of scale. economies of scale. competitive advantages.

Post test question number 9 for entering the job market

Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication