Recently, You Sold 300 Shares of Stock for $14

question 38

Multiple Choice

Recently, you sold 300 shares of stock for $14.60 a share. The sale was a short sale with an initial margin requirement of 70 percent. The maintenance margin is 35 percent. The stock is currently trading at $16.10 a share. What is your current short position in this stock?

• A) $2,916
• B) $4,830
• C) $7,446
• D) $10,362
• E) $11,976

Assess the impact of consumer protection laws on unsolicited goods and false advertising claims.

Comprehend the significance of jurisdiction in online contracts.

Evaluate the enforceability of contracts based on family and social agreements.

Identify the elements that do not constitute a legal relationship in contract law.

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Definitions:

Average Total Cost

The cost per unit is calculated by dividing the overall production cost by the quantity of units produced.

Average Variable Cost

The total variable cost divided by the quantity of output produced; it shows the variable cost per unit of output.

Increasing Returns to Scale

A situation in production where doubling the inputs results in more than doubling the output, leading to efficiencies and economies of scale.

Decreasing Returns to Scale

A situation in which a firm experiences a less than proportional increase in output despite a proportional increase in all inputs, typically due to inefficiencies.