When They Guess Correctly About Price Movements, Speculators

Multiple Choice

When they guess correctly about price movements, speculators:

A) move goods from periods of low-use value to periods of high-use value, making society better off.
B) cause a misallocation of resources by taking resources away from consumers who value them the most.
C) profit at the expense of society, making everyone worse off.
D) cause high price volatility.