According to the Dow Theory,secondary Trends Are _________________

question 25

Multiple Choice

According to the Dow Theory,secondary trends are _________________.

• A) points of trend reversals
• B) daily fluctuations which are of little importance
• C) short-term deviations from the underlying price trend line
• D) long-term price movements lasting from months to years

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Definitions:

Ordering and Carrying Inventory

Refers to the costs associated with ordering and holding inventory, including storage, management, and insurance.

Safety Stock

Additional quantity of an item held in inventory to reduce the risk of stockouts, often due to variability in supply or demand.

Memory Chips

Memory chips are semiconductor devices used in electronic systems to store data temporarily or permanently, such as RAM (Random Access Memory) or ROM (Read-Only Memory) in computers and other devices.

Minimum Cost

This refers to the lowest possible expense incurred in acquiring, producing, or maintaining a product or service without compromising quality or performance.