If catfish farmers expect catfish prices to fall in the future,then right now
A)There will be a movement down along the market supply curve for catfish.
B)There will be a movement up along the market supply curve for catfish.
C)The market supply curve for catfish will shift to the left.
D)The market supply curve for catfish will shift to the right.

Question

Quizplus · Accepted Answer

If catfish farmers expect prices to fall in the future, they are likely to increase their current supply to sell more catfish while prices are still higher, leading to a rightward shift in the market supply curve for catfish.

If Catfish Farmers Expect Catfish Prices to Fall in the Future,then