Speculation:
A)is just an example of law of demand at work.
B)makes output fluctuate wildly.
C)is bad because it makes prices higher.
D)always lead to someone losing.

Name: Speculation: A)is just an example of law of demand at work. B)makes output fluctuate wildly. C)is bad because it makes prices higher. D)always lead to someone losing.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

Speculation is an example of the law of demand at work because it shows how changes in price can lead to changes in quantity demanded.