If a Firm Has an Incentive to Increase Supply Now

question 37

Multiple Choice

If a firm has an incentive to increase supply now and decrease supply in the future, the firm expects that the

• A) price of its product will be lower in the future than it is today.
• B) price of its product will be higher in the future than it is today.
• C) price of inputs will be lower in the future than they are today.
• D) demand for the product will be lower in the future than it is today.

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Definitions:

Job Satisfaction

A positive emotional state resulting from the appraisal of one's job or job experiences.

Job Performance

The effectiveness with which job tasks are carried out by an employee.

Dominance

The phenomenon whereby an individual asserts control in a social or ecological context.

Leadership Role

A position that requires guiding, directing, and influencing the behavior and work of others towards achieving specific goals.