The ________ Is the Total Number of Contracts of a Particular

question 72

Multiple Choice

The ________ is the total number of contracts of a particular option that have been written and not yet closed.

• A) mark interest
• B) open interest
• C) turnover
• D) local turnover

---

Definitions:

ATC Curve

The ATC Curve, or Average Total Cost Curve, graphically represents the average cost per unit of output at different levels of production, typically showing a U-shaped curve due to the influence of fixed and variable costs.

Profit-Maximizing

The manner in which a company ascertains the ideal pricing and production scale to ensure peak profit.

Firm

A business organization, such as a corporation or partnership, which sells goods or services in exchange for money.

AFC

Average Fixed Cost, the fixed costs of production divided by the quantity of output produced.