Responses
an individual purchases stock with the intent to sell it later at a higher price
an individual purchases stock with the intent to sell it later at a higher price
an individual purchases machinery to be used in production
an individual purchases machinery to be used in production
an individual purchases a brand new car to drive
an individual purchases a brand new car to drive
an individual purchases ice cream to be consumed immediately
an individual purchases ice cream to be consumed immediately
1 answer
The correct response that represents an example of financial investment is:
an individual purchases stock with the intent to sell it later at a higher price.
This option involves buying an asset (stock) with the expectation that its value will increase, allowing the individual to sell it at a profit in the future. The other options involve purchasing items for use or consumption rather than investing with the expectation of financial returns.
