Which pricing model is used to calculate premiums for commodity options? Option: Monte Carlo simulation, Black-Scholes model, Black 76 model, Binomial model

Which pricing model is used to calculate premiums for commodity options?

What is the name of the pricing model used to calculate Option Greeks and theoretical option prices?

What formula uses Option Greeks to determine the price of an option premium?

Which of the following is NOT an input used in the Black & Scholes options pricing calculator?

Who or what determines the value of the Delta for an option?

Which futures pricing model assumes perfect market efficiency and eliminates arbitrage opportunities?