Question and answer
if sellers expect the price of a good to rise in the future, what are they likely to do? A) put more goods on the market immediately B) store goods now to sell more in the future C) raise their
prices now D) set prices according to the law of demand
Sellers would be more likely to go for B. Store goods now to sell later - That way they are sure of getting the best possible prices for their goods. [ However, in business things don't always go to plan, and in my personal opinion, it would be better to lean more towards D. That way you are not left with a lot of products which (possibly) might not sell at a later date and they will then be
worthless. ]
Expert answered|elysia2003|Points 119|
Question
Asked 6/16/2012 11:51:13 AM
Updated 3/5/2013 6:37:30 AM
1 Answer/Comment
Get an answer
New answers
Rating
0
If sellers expect the price of a good to rise in the future, they are likely to do B) store goods now to sell more in the future
Added 3/5/2013 6:37:30 AM
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
what happens when the price decreases in the case of a product that has elastic supply?
Weegy: The demand has decreased. (More)
Question
Expert Answered
Updated 6/16/2012 11:44:30 AM
1 Answer/Comment
There is a decrease in demand. So in order to attract more buyer the business has decreased the price. If there was more people buying the product then there would be an increase in demand. The business would take advantage of the increase of consumers by raising prices. However that is not the case here. This is a decrease in demand
Added 6/16/2012 11:44:30 AM
This answer has been added to the Weegy Knowledgebase
Rated good by sar2000, Rated good by sar2000, Rated good by sar2000, Rated bad by sar2000, Rated good by sar2000
what is the level of output every firm strives for? User: what is the level of output every firm strives for? A)when fixed cost and marginal cost are equal. B)when variable cost and marginal cost rise at the same rate. C)when marginal revenue equals marginal cost. D)when marginal revenue is greater than marginal cost.
Weegy: profit maximizing level of output User: that wasnt a selection a,b,c,or d please Weegy: B User: cool! Weegy: MISTAKE C IS THE CORRECT OPTION User: why would the supply curve of a dog walking business be considered elastic? A)because it can hir workers quickly if the price rises. B) becasue the demand for dog walking services flucuates. C) because the supply of dogs changes quickly. D) because the supply of dog walking isnt easily expanded or reduced. a,b,c,or d please :) Weegy: B) becasue the demand for dog walking services flucuates. User: nicee! (More)
Question
Expert Answered
Asked 6/16/2012 11:08:29 AM
0 Answers/Comments
if the supply of a good is elastic, which statement is true? A) the producer will increase the amount being produced if the price rises B) the producer is enjoying increasing marginal returns c) the producer will increase the amount being produced if the price falls D) the producer is experiencing diminishing marginal returns.
Weegy: B and D is not related as marginal return deals with the incremental return. the answer is A as it will be more profitable to supply elastic at the higher price. (More)
Question
Expert Answered
Asked 6/16/2012 11:43:20 AM
0 Answers/Comments
if sellers expect the price of a good to rise in the future, what are they likely to do? A) put more goods on the market immediately B) store goods now to sell more in the future C) raise their prices now D) set prices according to the law of demand
Weegy: Answer is B) if sellers expect the price of a good to rise in the future they store goods now to sell more in the future. (More)
Question
Expert Answered
Asked 6/16/2012 11:49:33 AM
0 Answers/Comments
a raise in the price of a product causes_ A) a decrease in competition B) an increase in demand C) an increase in competition D) a decrease in supply
Weegy: C) an increase in competition because if you are raising prices then consumers will begin looking elsewhere to buy the same product (More)
Question
Expert Answered
Asked 6/16/2012 11:46:34 AM
0 Answers/Comments
22,004,091 questions answered
Popular Conversations
precipitation
Weegy: Precipitation in chemistry is the creation of a solid in a solution or inside another solid during a chemical ...
9/4/2015 7:21:31 AM| 2 Answers
Charles de Montesquieu thought the government should be divided into ...
Weegy: Charles de Montesquieu thought the government should be divided into three branches of government. What is this ...
9/4/2015 11:03:20 AM| 2 Answers
Select the correct adjective form for the following sentence. At ...
Weegy: At the end of the fourth quarter, it became clear which team was more fit.
9/4/2015 12:16:27 PM| 2 Answers
Which is a sentence fragment? A. Yesterday waves crashed against ...
Weegy: Although they sang well. This is a sentence fragment. User: Which is a complete sentence? A. When we heard ...
9/4/2015 12:21:39 PM| 2 Answers
Weegy Stuff
S
1
L
L
P
R
Points 156 [Total 9479]| Ratings 0| Comments 156| Invitations 0|Offline
S
L
L
P
1
Points 122 [Total 9432]| Ratings 1| Comments 112| Invitations 0|Offline
S
Points 85 [Total 390]| Ratings 0| Comments 85| Invitations 0|Offline
S
Points 49 [Total 833]| Ratings 0| Comments 49| Invitations 0|Offline
S
Points 39 [Total 572]| Ratings 0| Comments 39| Invitations 0|Offline
S
Points 32 [Total 32]| Ratings 1| Comments 12| Invitations 1|Offline
S
Points 24 [Total 29]| Ratings 1| Comments 4| Invitations 1|Offline
S
Points 20 [Total 208]| Ratings 0| Comments 20| Invitations 0|Offline
S
Points 11 [Total 67]| Ratings 0| Comments 11| Invitations 0|Offline
S
Points 10 [Total 10]| Ratings 0| Comments 0| Invitations 1|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.