Which of the following observations would be consistent withthe effect of oil speculation?

Question

Quizplus · Accepted Answer

This observation is consistent with the effect of oil speculation, as speculators buy and store oil in order to sell it at a higher price in the future when its value is higher. This can potentially increase the value of oil and benefit society as a whole. Option A is incorrect because the intention of speculators is not to harm society, but to maximize their profits. Option B is incorrect because moving oil to a time when its value is lower would not benefit speculators, and is not a common practice in oil speculation. Option D is also incorrect because the impact of oil speculation on society is not neutral, but can have positive or negative effects depending on the circumstances.

Which of the Following Observations Would Be Consistent Withthe Effect