Use the Table for the Question(s)below

question 2

Multiple Choice

Use the table for the question(s) below.
Consider the following information on options from the CBOE for Merck:
-How many of the January 2009 call options are in the money?

• A)2
• B)4
• C)1

---

Definitions:

Technology

The application of scientific knowledge for practical purposes, especially in industry and the economy.

Resources

Inputs used in the production of goods and services, such as labor, capital, land, and entrepreneurship.

Marginal Rate

The rate at which one variable changes relative to a change in another variable, often used in the context of taxes or production costs.

Transformation

The process of changing something from one form or state to another, often seen in context with business, personal development, or technology.