If suppliers of cell phone batteries expect the price of their product to fall in the future, what will they do?

Question

Quizplus · Accepted Answer

If suppliers expect the price of their product to fall in the future, they will try to sell as much as they can now at the current high price. Therefore, they will increase supply now to capitalize on the higher price. This strategy will help them maximize their profits in the short run.

If Suppliers of Cell Phone Batteries Expect the Price of Their