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A Decrease in Expected Future Supply of a Good Will

Question 103

Multiple Choice

A decrease in expected future supply of a good will lead to:


A) a change in the demand for the good, but not until the supply actually goes down.
B) a change in the price of the good, but not until the supply actually goes down.
C) a change in the demand for the good even before the supply actually decreases.
D) no change in the demand for the good.

Correct Answer:

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