.Suppose you believe interest rates will fall and you trade 3 March 2021 Treasury Bond futures contracts based on your expectation. At the time you make your initial transaction, the March 2021 Treasury Bond futures price is 153-02. In February 2021, you decide to closeout your futures position and realize your profit or loss on this trade. At the time you close out your position, the Mar 2021 Treasury Bond futures price is 169-20. After accounting for transaction fees of $15 per contract per round trip transaction, what is your profit or los

The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?