In September,buyers of silver expect that the price of silver will rise in October.What happens in the silver market in September,holding all else constant?
A)The quantity demanded decreases.
B)The demand curve shifts to the left.
C)The demand curve shifts to the right.
D)The quantity demanded increases.

Question

Quizplus · Accepted Answer

If buyers expect the price of silver to rise in October, this creates a higher demand for silver in the present. This shifts the demand curve to the right, indicating an increase in quantity demanded at each price level.

In September,buyers of Silver Expect That the Price of Silver