Natural gas contract specs cme

E-minis are futures contracts that represent a fraction of the value of standard futures. They are popular E-mini contracts, with the initial and maintenance margins required by CME. "E-mini Natural Gas Futures - Contract specifications". Find information for Natural Gas Option (American) Contract Specs provided by CME Group. View Contract Specs. Contract Unit, 2,500 million British thermal units (mmBtu). Price Quotation, U.S. dollars and cents per mmBtu. Trading Hours, CME Globex: Sunday - Friday 6:00  

Discuss the law of marginal rate of substitution

The Law of Diminishing Marginal Rate of Substitution (Law of Diminishing MRS) states that the Marginal Rate of Substitution (MRS) declines as the amount of good x in the consumption bundle increases. They are thus different but related: the former The law of equi-marginal utility has wide applications in almost all spheres of man’s economic behaviour. In the words of Samuelson, it is not merely a law of economics; it is a law of logic itself” The applications of this law of substitution in diversified fields of Economics are discussed here. 1. Consumption: In the […]

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