A speculator who buys low and sells high will tend to smooth both consumption and price variability over time.

Name: A speculator who buys low and sells high will tend to smooth both consumption and price variability over time.
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

A speculator who buys low and sells high will tend to smooth both consumption and price variability over time because they will buy when prices are low and sell when prices are high, which will help to keep prices from fluctuating too much.

A Speculator Who Buys Low and Sells High Will Tend