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
Ask a question
Not a good answer? Get an answer now. (Free)
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
Education|No Subcategories|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
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 ... (More)
Question
Education|No Subcategories|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
Education|No Subcategories|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
Education|No Subcategories|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
Education|No Subcategories|Expert Answered
Asked 6/16/2012 11:46:34 AM
0 Answers/Comments
16,906,839 questions answered
Popular Conversations
Evaluate 6 + x if x = -2.
Weegy: The answer for -2(x + 1) for x = 1/2 is -3. User: Simplify. 2 · 2 + 0 · 4 a. 4 c. -4 b. 0 d. 1 Weegy: -2.5 ...
7/21/2014 9:03:07 AM| 3 Answers
y = 2x + 3 2y = 4x + 6 The system of equations has _____ ...
Weegy: The determinant for this system of equations is 6*1-5*1=1. User: 5x + 2y = 8 x + y = 4 If you want to solve ...
7/21/2014 12:31:57 PM| 3 Answers
What is the equation of the line, in point-slope form, that passes ...
Weegy: The "point-slope" form of the equation of a straight line is: y - y1 = m(x - x1), so y - 3 = 6(x - 8) User: ...
7/21/2014 8:48:59 AM| 2 Answers
Using directly copied and cited source material word for word is ...
Weegy: Using directly copied and cited source material word for word is known as D. plagiarizing. User: Which of ...
7/21/2014 9:50:54 AM| 2 Answers
Factor k^2 + 13k + 12.
Weegy: k^2 + 13k + 12 = (k + 12)(k + 1) User: Factor the four-term polynomial. pq - 3r + pr - 3q Weegy: pq - 3r + ...
7/21/2014 10:38:58 AM| 2 Answers
7. The biggest challenger to newspapers today is
Weegy: The biggest challenger to newspapers today is the Internet. The internet provides all source of information ...
7/21/2014 11:38:46 AM| 2 Answers
Find the product. y^4 · y^6
Weegy: Here are some characteristics of grace and forgiveness: patience, kindness, mercy, unconditional love, empathy, ...
7/21/2014 12:33:31 PM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
Points 1679 [Total 20679]| Ratings 1| Comments 1669| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
Points 1653 [Total 16782]| Ratings 0| Comments 1653| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
Points 1357 [Total 13912]| Ratings 1| Comments 1347| Invitations 0|Offline
S
L
1
Points 1290 [Total 3474]| Ratings 2| Comments 1270| Invitations 0|Offline
S
L
1
1
1
1
L
1
Points 930 [Total 7107]| Ratings 1| Comments 920| Invitations 0|Offline
S
1
L
Points 842 [Total 2978]| Ratings 2| Comments 822| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 778 [Total 10386]| Ratings 0| Comments 778| Invitations 0|Offline
S
1
L
Points 694 [Total 4370]| Ratings 2| Comments 674| Invitations 0|Online
S
P
C
L
P
L
1
Points 667 [Total 5721]| Ratings 4| Comments 627| Invitations 0|Offline
S
Points 243 [Total 391]| Ratings 2| Comments 223| Invitations 0|Offline
Home | Contact | Archive | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.