Multiple Choice
If farmers are concerned about the price of their future crop changing, they can:
A) plant more seeds today.
B) sell futures contracts to lock in a future price for their crop.
C) plant less today so that the price will be higher in the future.
D) buy futures contracts to lock in a future price for their crop.
Correct Answer:

Verified
Correct Answer:
Verified
Q39: Which economist described the market as being
Q40: Ethanol and sugar are both made from
Q41: The United States attempted to centrally plan
Q42: The women in Kenya who pick roses:<br>A)
Q43: In which of these instances does price
Q45: When the price of pizza increases, consumers
Q46: Futures markets are common in commodities, financial
Q47: Recall from the text that weather is
Q48: Which of these statements is TRUE?<br>I. China
Q49: Speculation tends to _ market welfare.<br>A) increase<br>B)