In April,market analysts predict that the price of titanium will fall in May.What happens in the titanium market in April,holding everything else constant?
A)The supply curve shifts to the right.
B)The supply curve shifts to the left.
C)The quantity demanded and the quantity supplied of titanium increase.
D)The demand curve shifts to the right.

Question

Quizplus · Accepted Answer

When market analysts predict a future price drop, suppliers may increase their current supply to sell at higher prices before the expected decrease, shifting the supply curve to the right.

In April,market Analysts Predict That the Price of Titanium Will