If sellers expect the price of their product to rise in the future, they are likely to _____ in the near term.

Name: If sellers expect the price of their product to rise in the future, they are likely to _____ in the near term.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If sellers expect the price of their product to rise in the future, they are likely to restrict their supply in the near term. By limiting the supply of their product, they can create scarcity and drive up demand, which can lead to higher prices in the future.

If Sellers Expect the Price of Their Product to Rise