In hedging, the purchaser in the purchase commitment simultaneously enters into a contract in which it agrees to sell in the future:

a. the same quantity of the same goods at a fixed price.
b. a higher quantity of the same goods at a higher price.
c. a lower quantity of the same goods at a fixed price.
d. same quantity of different goods at a lower price.

Why is efficiency an important economic goal?

The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:

This year, druehl, inc., will produce 60 comma 000 hot water heaters at its plant in delaware, in order to meet expected global demand. to accomplish this, each laborer at the plant will work 200 hours per month. if the labor productivity at the plant is 0.25 hot water heaters per labor hour, how many laborers are employed at the plant? number of laborers employed by the plant = nothing laborers (round your answer to the nearest whole number).