If Farmers Withhold Some of Their Current Corn Harvest from the Market

question 114

Multiple Choice

If farmers withhold some of their current corn harvest from the market because they anticipate a higher price of corn in the near future, then this would cause a(n) :

• A) Rightward shift in the current supply of corn
• B) Movement up along the current supply curve of corn
• C) Leftward shift in the current supply of corn
• D) Movement down along the current supply curve of corn

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