Question: .) The basic difference between speculators and hedgers in future contracts is that speculators: a) will profit regardless of the direction of price changes b)

.) The basic difference between speculators and hedgers in future contracts is that speculators:

a) will profit regardless of the direction of price changes

b) are not protecting their commodity holdings

c) are concerned only with long term price movements

d) take a position in more than one commodity at a time

e) are risk averse

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