Suppose that automakers expect car prices to be lower in the future. What will happen now?

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Suppose that automakers expect car prices to be lower in the future. What will happen now?

a. Supply will increase.

b. Supply will decrease.

c. Supply will not change.

d. Demand will increase.

e. Demand will decrease.

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Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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