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Economics Question 8 (5 points) Which of the following are economic functions of futures markets? Flexibility in pricing products and inputs Information collection and dissemination Price discovery Transferring risk Coordinating economic activity to reduce marketing costs Market stability Question 9 (5 points) Hedging is taking the opposite position in the futures market as in the cash market, concurrently. This allows the producer to secure a certain price in the market. True False

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