When producers anticipate that the price of their product will increase in the future
A) the supply curve will shift to the right.
B) the supply curve will shift to the left.
C) the current production will move along on the supply curve.
D) they will immediately lobby Congress to adjust prices now.
B
Economics
You might also like to view...
An innovation that blurred the distinction between brokerage firms and commercial banks was Merrill Lynch's development in 1977 of the
A) cash management account. B) money market mutual fund. C) individual retirement account. D) discount brokerage.
Economics
One method that firms in many nations use to exit the market is the use of:
a. antitrust laws. b. the uniform commercial code. c. bankruptcy laws. d. statutory laws. e. the federal code.
Economics