In the American Wire Gauge Sizes, as the Numerical Value

question 1

Multiple Choice

In the American Wire Gauge sizes, as the numerical value of AWG goes higher, the cross sectional area of the wire:

• A)doubles.
• B)halves.
• C)increases.
• D)decreases.

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Definitions:

Call Contract

An agreement that gives the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a predetermined price within a specific time frame.

Bushels Of Corn

A unit of measure used in the US for trading and valuing corn, with one bushel equivalent to 56 pounds.

Option Contract

A financial derivative that represents a contract sold by one party to another, offering the buyer the right, but not the obligation, to buy (call) or sell (put) a security at an agreed-upon price within a certain period of time.

Forward Contract

An agreement between two entities that is not regulated, outlining the purchase or sale of an asset at a predetermined future date for a price that is decided upon at the current time.