If the Market for Corn Futures Has More Prospective Sellers

question 26

Multiple Choice

If the market for corn futures has more prospective sellers than buyers, then one would expect:

• A) the price of corn futures to decrease.
• B) the price of corn futures to increase.
• C) some traders to change from seller to buyer.
• D)the market to cease operations until demand is rebalanced.

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Definitions:

Mid-Ocean Ridge

An underwater mountain range, formed by plate tectonics, that stretches across the ocean floor and is associated with seismic and volcanic activity.

Plate Boundary

Zone of tectonic activity, including earthquakes, along the boundary between two lithospheric plates that are moving relative to one another.

Southern Continent

A hypothetical or specified landmass located in the southern hemisphere of a planet.

Oceanic Plateau

A large, flat, elevated region in the ocean basin, often composed of thickened crust that rises above the surrounding seafloor.