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If Suppliers Expect Prices for Their Product to Rise Next

Question 15

Multiple Choice

If suppliers expect prices for their product to rise next year,then one would expect a:


A) shift in the demand curve for the product this year.
B) decrease in the quantity demanded this year.
C) shift to the left in the supply curve for the product this year.
D) shift to the right in the supply curve for the product this year.

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