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Sagot :
You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of information to help make better business decisions by answering the following questions. Soybean futures are option C. contracts where a buyer agrees to purchase soybeans at a specific time in the future.
The price of soybean futures has increased over the last three months. as a soybean equipment supplier, how you would respond is that A higher futures price indicates that farmers expect to be able to sell soybeans at higher price in the future. You should increase the amount of soybean farming equipment you plan on supplying to the market.
Who is a store manager?
A store manager also known as a retail manager is an individual that is highly responsible for the day to day activities (controlling and fulfilling duties) of a store. All employees working in the store report to the store manager. A store manager reports to a district/area or general manager.
Therefore, the correct answer is as given above
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Answer:
Option C
A higher futures price indicates that farmers expect to be able to sell soybeans at higher price in the future. You should increase the amount of soybean farming equipment you plan on supplying to the market.
Explanation:
Option C is correct because a contract is a bet on a future price.
A higher future price indicates there will be a scarcity and more soybean would need to be supplies
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