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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
A speculator who incorrectly anticipates the future
A) cannot inflict a loss on others because one person's loss must be someone else's gain.
B) incurs a personal loss but benefits everyone else.
C) inflicts a loss on others and incurs a personal loss.
D) makes a personal profit but inflicts a loss on others.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Answer verified by a subject expert
SmooothSmoooth
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Posts: 5500
8 years ago
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Sublight2097 Author
wrote...
8 years ago
Another one in the books, marking it solved.
wrote...
8 years ago
You're welcome Happy Dummy
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