Ask Question
19 July, 19:23

If a seller expects the price of a good to rise in the future, the seller will

a. place these goods on the market immediately.

b. increase production of the good.

c. store these goods until the price goes up.

d. increase the price of the good now.

+5
Answers (1)
  1. 19 July, 21:47
    0
    a. place these goods on the market immediately.

    -no, this is not a good strategy, since they would sell it now for less

    b. increase production of the good.

    -this is a very good idea: this means that when the time comes, they can sell a lot of the product! I think that this the the best answer.

    c. store these goods until the price goes up.

    -if they can't produce more of it, this would be a good idea but it would be even better if they could produce more rather than store!

    d. increase the price of the good now.

    -not a good idea! this would just make people choose the competition.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If a seller expects the price of a good to rise in the future, the seller will a. place these goods on the market immediately. b. increase ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers