What Effect Do Computer Chip Sellers' Expectations of Falling Chip

question 21

Multiple Choice

What effect do computer chip sellers' expectations of falling chip prices in the coming months have on the current computer chip market?

• A) The supply of computer chips increases, pushing down the equilibrium price and quantity.
• B) The supply of computer chips increases, pushing down the equilibrium price and increasing the equilibrium quantity.
• C) The demand for computer chips increases, pushing down the equilibrium price and increasing the equilibrium quantity.
• D) The demand for computer chips decreases, pushing down the equilibrium price and increasing the equilibrium quantity.