Use the Figure for the Question(s)below

question 67

Multiple Choice

Use the figure for the question(s) below.
-This graph depicts the payoffs of a

• A)a short position in a put option at expiration.
• B)short position in a call option at expiration.
• C)a long position in a put option at expiration.
• D)a long position in a call option at expiration.

---

Definitions:

Advertising

The occupation or act of generating advertising content for business products or services.

Price Discrimination

A selling strategy where a provider charges different prices for the same product or service to different customers, not based on the cost of production.

Arbitraging

The process of buying and selling assets across different markets or in different forms to exploit price differences for profit.

Vertical Integrate

A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.