If apple growers expect the price of apples to increase, they would:

Question

Quizplus · Accepted Answer

If apple growers expect the price of apples to increase, they are more likely to respond to the expected price of apples by increasing the production of apples to align with the expected demand. Option A is incorrect as it suggests increasing supply irrespective of future prices. Option B is not a practical solution as it doesn't factor in the expected price of the product. Option D is not a relevant solution to the situation as it does not align with the interests of apple growers.

If Apple Growers Expect the Price of Apples to Increase