Multiple Choice
If both producers and consumers believe that a product's price will rise in the future,then at the present,the equilibrium price
A) does not change.
B) rises.
C) falls.
D) might rise, fall, or not change, but the change can never be predicted.
E) might rise, fall, or not change depending on whether the effect from the producers is greater than or less than the effect from the consumers.
Correct Answer:

Verified
Correct Answer:
Verified
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