Which One of the Following Is the Price of a Commodity

question 82

Multiple Choice

Which one of the following is the price of a commodity designated for delivery today?

• A)daily price
• B)marked price
• C)margin price
• D)arbitrage price
• E)cash price

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Definitions:

Marginal Cost

The price of making one more unit of a certain product.

Government Regulation

Rules or directives made and maintained by a government to regulate behavior or enforce standards in various fields.

Centrally Planned Economies

Economic systems in which the government or a central body makes all decisions about the production and distribution of goods and services.

Environmental Quality

The state of the physical, chemical, and biological conditions of the environment based on various indicators.