Question

a person buys 1,000 gallons of oil because he thinks prices are going to increase. what is this action called?
predatory pricing
inflation
consumer coincidence
speculation

Explanation:

Speculation involves taking a financial risk in the hope of a future price - movement profit. Here, the person buys oil expecting price increase, which is speculation. Predatory pricing is about setting low prices to drive out competition. Inflation is a general increase in prices. Consumer coincidence is not related to this context.

Answer:

D. speculation