8. For hedgers, long hedge implies: (a) Expectation of price decrease in the future (b) Expectation of price increase in the future (c) Expectation of no change in price in the future (d) Expectation of either price increase or decrease in the future 9. For hedgers, short hedge implies: (a) Expectation of price decrease in the future (b) Expectation of price increase in the future (c) Expectation of no change in price in the future (d) Expectation of either price increase or decrease in the future 10. A long futures hedge is appropriate when: (a) Hedgers will sell an asset in the future and want to lock in the price to sell (b) Hedgers will purchase an asset in the future and want to lock in the price to buy (c) Hedgers will purchase an asset in the future but do not want to lock in the price to buy (d) Hedgers will sell an asset in the future but do not want to lock in the price to sell