Suppose It Is February,and a Speculator Believes That the Demand

question 32

Multiple Choice

Suppose it is February,and a speculator believes that the demand for corn in March will be higher than everyone else expects.In this situation,the speculator will

• A) bid down the price of March futures contracts.
• B) bid down the spot price of corn.
• C) give suppliers an incentive to sell more corn in February.
• D) buy March futures contracts.

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Definitions:

Communication

Communication is the process of exchanging information, ideas, thoughts, and feelings through verbal or non-verbal means.

Operational Justice

Refers to the fairness in the processes and procedures that resolve disputes and allocate resources.

Perceived Fairness

The subjective assessment of whether an action, decision, or treatment appears just, equitable, or reasonable to an individual.

Teams Competency

The collective skills, abilities, and expertise of a team that enable it to perform effectively.