The Cumulative Number of Futures Contracts That Are Not Offset

question 55

Multiple Choice

The cumulative number of futures contracts that are not offset at any point in time is called:

• A)margin.
• B)open interest.
• C)hedged position.
• D)marked to the market position.

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Definitions:

Reservation Price

The maximum price a consumer is willing to pay for a good or service.

Marginal Cost

The increase in total cost that arises from producing one additional unit of goods or services.

Consumer Demands

The quantity of goods and services that consumers are willing and able to purchase at various prices during a specified time period.

Annual Memberships

Subscription-based memberships that are renewed on a yearly basis, often granting access to specific services or benefits.