What do sellers do if they expect the price of goods they have for sale to increase dramatically in the near future? store the goods indefinitely regardless of when the price rises store the goods until the price rises and then try to sell them sell the goods now and try to invest the money instead of resupplying sell the goods now but try to get the higher price for them

Question

History

Branson Donaldson

29 December, 07:42

What do sellers do if they expect the price of goods they have for sale to increase dramatically in the near future? store the goods indefinitely regardless of when the price rises store the goods until the price rises and then try to sell them sell the goods now and try to invest the money instead of resupplying sell the goods now but try to get the higher price for them

+1

Answers (1)

Know the Answer?

Rayan Stafford · Answer 1

The correct answer is B) store the goods until the price rises and then try to sell the goods.

Explanation:

If a seller expects the price of the goods they have for sale to rise, the seller will want to sell them at a higher price than he or she is currently doing. Thus, the seller will store them instead of keep selling them, and he or she will try to sell the goods when the price rises.