Suppose That Today, Consumers Expect the Price of Bottled Water

question 384

Multiple Choice

Suppose that today, consumers expect the price of bottled water to double in the future. Then today the bottled water's

• A) demand curve will shift to the right.
• B) demand curve will shift to the left.
• C) supply curve will shift to the right.
• D) supply curve will shift to the left.

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