Multiple Choice
Modern Bytes Computers allows its sales team to buy and sell shares that pay out $1 only if the sales in the future fall in a certain range. Suppose that currently shares for sales between 15,000 and 20,000 computers are selling for 20 cents each. Shares for sales between 20,000 and 25,000 computers are selling for 30 cents each. Shares for sales between 25,000 and 30,000 computers are selling for 30 cents each. Based on this information, what is the probability of Modern Bytes Computers selling between 15,000 and 25,000 computers?
A) 20%
B) 60%
C) 30%
D) 50%
Correct Answer:
Verified
Correct Answer:
Verified
Q186: Futures contracts are standardized agreements to buy
Q187: Suppose Chad believes that the price of
Q188: Both ethanol and sugar are made from
Q189: The Hollywood Stock Exchange allows users to
Q190: The advantages of prediction markets include:<br>A) the
Q192: When Walmart arrives in a small town,
Q193: When the prices of necessities such as
Q194: Speculators:<br>A) help stabilize prices over time.<br>B) profit
Q195: Suppose that a hurricane hits both North
Q196: Can speculators who expect prices to rise