When producers anticipate higher future increases in the prices of their products, how does this influence the current equilibrium price and quantity? Question 14 Select one: a. Equilibrium price will rise due to reduced current supply as producers withhold goods because they anticipate higher profits in the future, leading to a decrease in equilibrium quantity. b. Equilibrium price remains unchanged as future expectations don't affect current decisions, but equilibrium quantity increases in anticipation. c. Both equilibrium price and quantity will decrease due to an anticipated reduction in demand. d. Equilibrium price will decrease because of the anticipation of more production, but equilibrium quantity remains unchanged