A Person with a Long Position in a Commodity Futures

question 77

Multiple Choice

A person with a long position in a commodity futures contract wants the price of the commodity to ________.

• A) decrease substantially
• B) increase substantially
• C) remain unchanged
• D) increase or decrease substantially

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Definitions:

Perception

The method through which people arrange and understand their sensory experiences to assign significance to the world around them.

Visually Perceived Distance

The interpretation of visual cues that allow individuals to understand how far away an object is.

Perception

The process by which sensory information is interpreted and organized to understand the environment.

Object's Size

A measurement of the physical dimensions or magnitude of an object.