If Suppliers Expect the Price of Their Product to Fall

question 32

Multiple Choice

If suppliers expect the price of their product to fall in the future,then they will

• A)decrease supply now.
• B)increase supply now.
• C)decrease supply in the future but not now.
• D)increase supply in the future but not now.

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Definitions:

Threatened

A feeling or condition of being under potential harm or danger, either physically, emotionally, or psychologically.

Bystander Effect

The tendency for bystanders in an emergency to help less often and less quickly as the number of bystanders present increases.

Explanations

Statements or accounts that make something clear, helping to understand the reasons or causes behind events or behaviors.

Negative-State Relief

A hypothesis suggesting individuals help others to alleviate their own negative moods or feelings.