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    Modern Principles Microeconomics
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    Exam 3: Supply and Demand
  5. Question
    If Producers Form Expectations That Copper Prices Will Be Higher
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If Producers Form Expectations That Copper Prices Will Be Higher

Question 8

Question 8

Multiple Choice

If producers form expectations that copper prices will be higher in the future, then this will shift the:


A) demand curve for copper to the left.
B) supply curve of copper to the right.
C) demand curve for copper to the right.
D) supply curve of copper to the left.

Correct Answer:

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