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

Question

Quizplus · Accepted Answer

A person with a long position in a commodity futures contract has bought a contract to purchase the underlying commodity at a future date. Therefore, they want the price of the commodity to increase substantially so that they can sell the commodity at a higher price than the purchase price specified in the futures contract and make a profit.

A Person with a Long Position in a Commodity Futures