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pshichka [43]
4 years ago
6

This is a buying a commodity- such as land or stock- that with an unusually high risk but with the expectation of a substantial

gain when the price goes up.
Social Studies
2 answers:
vodka [1.7K]4 years ago
8 0

Answer:

SPECULATION

plz give me an brainliest answer

Explanation:

emmainna [20.7K]4 years ago
7 0

SPECULATION is buying a commodity- such as land or stock- that may have an unusually high risk, but has the expectation of a substantial gain when the price value goes up.

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What is the way of looking at the world which emphasizes the importance of human beings?
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How do command economies prioritize the interests of people, the government, consumers, and private businesses involved in the e
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Explanation:

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5 0
3 years ago
The following graph shows the market for widgets in a local hardware store.
Natalija [7]

From the information given, the price of widgets is price elastic. This is because a reduction in price translated to change in revenue.

<h3>What is the explanation for the above?</h3>

Note that

Price of widgets= $8

Recall that

Total revenue = P*Q; thus

= 8*12

= $96

Where price is $7;

Therefore,

Total revenue(TR) is derived as;
= 7 x 16

= $112

Hence, the fall in price led to a rise in TR. This means that the demand is price elastic.

Learn more about price elasticity at;
brainly.com/question/5078326
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6 0
2 years ago
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