Question

When firms in a market expect the price of their product to rise, the supply curve of their good: a decreases, causing the equilibrium price to fall. b increases, causing the equilibrium price to rise. c increases, causing the equilibrium price to rise and the equilibrium quantity to fall. d decreases, causing the equilibrium price to rise. e increases, causing the equilibrium price to fall.

Answer 1

Is D. decrease, causing the equilibrium price to rise

Step-by-step explanation:

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