The Spot Price on Cocoa Is $3,100 a Ton

question 93

Multiple Choice

The spot price on cocoa is $3,100 a ton.The futures price is $3,180 a ton.The basis is ________ and the market is a(n) ________ market.

• A) -60; carrying-charge
• B) -60; inverted
• C) 20; inverted
• D) 60; carrying-charge
• E) 60; inverted

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Definitions:

Organizational Chart

A visual display of the organizational structure, lines of authority (chain of command), staff relationships, permanent committee arrangements, and lines of communication.

Plant Layouts

The arrangement of machinery, equipment, and other industrial facilities within a factory or production site, designed to optimize efficiency and workflow.