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Sergio [31]
3 years ago
13

Need urgently please Does expectation of a change in price affect supply

Social Studies
1 answer:
Vitek1552 [10]3 years ago
8 0

Answer:

The expectations that sellers have concerning the future price of a good, which is assumed constant when a supply curve is constructed. If sellers expect a higher price, then supply decreases. If sellers expect a lower price, then supply increases.

Explanation:

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