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18 January, 19:33

Which of the following will shift today's supply curve to the right? A. Prices are expected to be higher in the future. B. Prices are expected to be lower in the future. C. Input prices rise. D. Sales taxes increase.

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  1. 18 January, 20:47
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    Answer:B. Prices are expected to be lower in the future.

    Explanation: Supply is the amount of a given product or service which a manufacturing company or a producer is ready to give out or render to its customers at a given price in a specific period of time.

    If producers speculate that prices are expected to be lower in future they will want to send as much products as possible to the market today where the prices are higher and meets their expectations.
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