If Both Buyers and Sellers Expect the Price of a Commodity

question 131

Multiple Choice

If both buyers and sellers expect the price of a commodity to rise in the future,it is likely that supply will ________ and demand will ________.

• A) increase;decrease
• B) decrease;increase
• C) increase;increase
• D) decrease;decrease
• E) be constant;be constant

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Definitions:

Inclusion

The practice or policy of providing equal access to opportunities and resources for people who might otherwise be excluded or marginalized.

Equal Rights

The principle that all people should be treated equally under the law, with the same opportunities and protections, regardless of race, gender, religion, or other characteristics.

Federal Government

The national government of a federal country, where powers and responsibilities are divided between the central government and state or provincial governments.

Human Rights

The fundamental rights and freedoms that every person is entitled to, such as the right to life, liberty, and personal security.