A Trader Who Has a __________ Position in Wheat Futures

question 90

Multiple Choice

A trader who has a __________ position in wheat futures believes the price of wheat will __________ in the future.

• A) long; increase
• B) long; decrease
• C) short; increase
• D) long; stay the same
• E) short; stay the same

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Definitions:

Resonance Structures

Resonance Structures are alternative Lewis structures for the same molecule, illustrating the delocalization of electrons within the molecule.

Hybridization

A concept in molecular chemistry describing the combination of atomic orbitals to form new hybrid orbitals suitable for the pairing of electrons to form chemical bonds.

Covalent Compounds

Chemical compounds where atoms are bonded by sharing pairs of electrons, characterized by the formation of molecules.

Resonance Forms

Alternative ways of drawing the structure of a molecule to represent delocalized electrons within the molecule, emphasizing the molecule's dynamic nature.