-In the figure, the equilibrium price is initially $3 per bushel of wheat. If suppliers come to expect that the price of a bushel of wheat will rise in the future, but buyers do not, the current equilibrium price will

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If suppliers expect higher future prices, they may hold back supply in anticipation of those higher prices, leading to a decrease in current supply. This decrease in supply, with demand remaining constant, would cause the current equilibrium price to rise.

-In the Figure, the Equilibrium Price Is Initially $3 Per