What will happen in the rice market if buyers are expecting higher prices in the near future?

Question

Quizplus · Accepted Answer

If buyers are expecting higher prices in the near future, they will likely try to purchase more rice in the present to avoid paying more later. This will increase demand for rice while supply remains the same or even decreases if producers hold on to their stock in anticipation of higher prices. Therefore, the most likely outcome is an increase in demand and a decrease in supply, leading to higher prices for rice.

What Will Happen in the Rice Market If Buyers Are