The Principal Objective of Technical Analysis Is

question 45

Multiple Choice

The principal objective of technical analysis is

• A) determining the best time to get into the market.
• B) increasing trading to improve overall profits.
• C) avoiding all unpleasant surprises in the market.
• D) maintaining the lowest level of risk possible.

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Definitions:

World Price

The worldwide market cost of a product, determined by the global forces of supply and demand.

Quantity Supplied

The quantity of a product that suppliers are ready to sell at a particular price during a defined time frame.

Comparative Advantage

An individual's, a business's, or a nation's potential to produce a service or good at an opportunity cost that is inferior to that of its competition.

Production Possibilities

Production possibilities refer to the different combinations of goods and services that an economy can produce given its available resources and technology.