Which of the following would cause the current supply of iPods to increase?
A) an economic boom, which increases the amount that people are willing to spend on personal electronics
B) a decrease in the price of songs on iTunes
C) producers expecting that the future price of iPods will decrease
D) an increase in the wages offered to technicians building iPods

Question

Quizplus · Accepted Answer

If producers expect the future price of iPods to decrease, they may increase the current supply to sell more at the current higher price before the price drops.

Which of the Following Would Cause the Current Supply of IPods