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:

Microwave Ovens

Appliances that use microwave radiation to heat and cook food quickly.

Average Fixed Costs

The total fixed costs of production divided by the number of units produced, representing the per-unit fixed cost.

Microwave Ovens

Kitchen appliances that use microwave radiation to heat and cook food rapidly.

Marginal Cost

The increase in total cost that arises from producing one additional unit of a product or service.