subject
Business, 09.10.2019 17:10 kaffolter25

According to an article in the economist magazine: in 1958 american onion farmers, blaming speculators for the volatility of their crops' prices, lobbied a congressman from michigan named gerald ford to ban trading in onion futures. supported by the president-to-be, they got their way. onion futures have been prohibited ever since. source: "over the counter, out of sight," economist, november 12, 2009. is it likely that banning trading futures contracts in onions reduced the volatility in onion prices? are onion farmers as a group better off because of the ban? a. yes, by prohibiting the sale of onion futures, it removed speculators from the market and thus reduced price volatility, making onion farmers better off as a group. b. yes, by prohibiting the sale of onion futures, farmers can better hedge against volatile onion prices, making them better off as a group. c. no, volatility is driven by changes in supply and demand, so banning onion futures has likely eliminated the ability of onion farmers to hedge against volatile onion prices, making them worse off as a group. d. uncertain, even though banning onion futures eliminated the ability of onion farmers to hedge against volatile onion prices, onion farmers can sell onions at a higher price now, making them better off as a group

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:20
while setting up his new office, an attorney ordered thick, frieze carpets for the floor. however, the building inspector had him remove the expensive carpeting. the building inspector stated that according to federal regulations, the office must be wheelchair accessible as it is a public area. he further explained that since wheelchairs do not maneuver well in thick, frieze carpeting, the carpets had to be removed and be replaced with smooth-textured carpets that do not restrict wheelchair maneuverability. this scenario illustrates how a company is influenced by the component of its specific environment.
Answers: 2
question
Business, 22.06.2019 03:00
How does having a flexible mind you become a better employee? a. it you become more honest toward work. b. it you become a team player. c. it you learn new things that will better your performance. d. it you to finish your work on time. e. it you reach work on time
Answers: 1
question
Business, 22.06.2019 15:20
On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.
Answers: 2
question
Business, 23.06.2019 08:00
Wriston company is preparing its cash budget for the upcoming month. the beginning cash balance for the month is expected to be $15,000. budgeted cash disbursements are $72,500, while budgeted cash receipts are $89,600. wriston company wants to have an ending cash balance of $30,000. the excess (deficiency) of cash available over disbursements for the month would be
Answers: 2
You know the right answer?
According to an article in the economist magazine: in 1958 american onion farmers, blaming speculat...
Questions
question
Biology, 30.01.2022 19:50
question
Mathematics, 30.01.2022 19:50
question
Mathematics, 30.01.2022 19:50
question
Mathematics, 30.01.2022 19:50
question
Social Studies, 30.01.2022 19:50
question
Mathematics, 30.01.2022 19:50
question
Biology, 30.01.2022 19:50
Questions on the website: 13722366