Consider the market for leather shoes. If producers believe the price of leather shoes will increase next month, today
A) the supply curve for leather shoes shifts rightward.
B) the supply curve for leather shoes shifts leftward.
C) there is a movement along the supply curve for leather shoes.
D) the equilibrium price of leather shoes falls.
E) the equilibrium quantity of leather shoes increases.
B
Economics
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A. The Sherman Antitrust Act. B. The Federal Trade Commission Act. C. The Robinson-Patman Act. D. The Celler-Kefauver Act.
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