An expectation of a price increase in the future would cause consumers to______ and producers to_____
A)Delay consumption;delay production
B)Delay production;accelerate production
C)Accelerate consumption;delay production
D)Accelerate consumption;accelerate production

Question

​An expectation of a price increase in the future would cause consumers to______ and producers to_____
A)​Delay consumption;delay production
B)Delay production;accelerate production
C)Accelerate consumption;delay production
D)​Accelerate consumption;accelerate production

Quizplus · Accepted Answer

Consumers would accelerate consumption to avoid higher prices in the future, while producers might delay production to sell at higher prices later.

​An Expectation of a Price Increase in the Future Would

An Expectation of a Price Increase in the Future Would