If There Is an Expectation That the Price of a Good

question 129

Multiple Choice

If there is an expectation that the price of a good will increase in the next month this would immediately

• A)move its supply curve to the right.
• B)move its supply curve to the left.
• C)cause a movement along the supply curve to a (higher price, higher quantity)point.
• D)cause a movement along the supply curve to a (lower price, lower quantity)point.

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Definitions:

PHStat

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