The Actions of Speculators in a Market Tend to Shift

question 121

Multiple Choice

The actions of speculators in a market tend to shift the ____ when the price of the good is low and thereby ____ the price.

• A)demand curve out; raise 
• B)demand curve in; lower 
• C)supply curve out; lower 
• D)supply curve in; raise

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Definitions:

Marginalized Identity

Social positioning of an individual or group as peripheral or lesser within a society due to factors like race, gender, sexuality, and socioeconomic status.

Prosumption Theory

A concept that blurs the lines between production and consumption, suggesting that consumers increasingly participate in the production of what they consume.

Queer Theory

An interdisciplinary field that challenges normative models of gender and sexuality, focusing on the deconstruction of identities and the politics of normativity.

Actor-Network Theory

A theoretical and methodological approach to social theory where everything in the social and natural worlds exists in constantly shifting networks of relationship.