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Use These Option Quotes to Answer This Question

question 12

Multiple Choice

Use these option quotes to answer this question:
Use these option quotes to answer this question:    -You would like to have the right to purchase 200 shares of ZZ Industries stock at a price of $32.50 a share.How much will it cost you to buy options to meet this objective? A)  $103.11 B)  $12.90 C)  $374.00 D)  $430.00 E)  $561.00
-You would like to have the right to purchase 200 shares of ZZ Industries stock at a price of $32.50 a share.How much will it cost you to buy options to meet this objective?


Definitions:

Total Product

The total output produced by a firm over a specific period as a result of input.

Marginal Products

The extra output generated from the inclusion of an additional unit of a particular input, while maintaining all other inputs at their current levels.

Total Product

The aggregate production level of a business within a certain period.

Marginal Products

The incremental output generated when one unit of a certain input is added, with all other conditions being held steady.

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