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Use the following to answer question:
-(Figure: The Demand and Supply of Wheat) Use Figure: The Demand and Supply of Wheat.What is the equilibrium quantity in this wheat market each period?
Market Factors
Elements that influence the trading of goods and services, such as supply and demand, price, and competition.
Derivative Financial Instrument
A financial contract whose value is derived from the performance of assets, interest rates, currency exchange rates, or indices.
Forward Exchange Contract
A financial agreement to exchange a specified amount of one currency for another currency at a future date and at a predetermined exchange rate.
Futures Contract
A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, often used as a financial instrument for hedging or speculation.
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