If a seller expects the price of a good to rise in the future, the seller will
A. place these goods on the market immediately.

B. increase production of the good.

C. store these goods until the price goes up.

D. increase the price of the good now.

Question

If a seller expects the price of a good to rise in the future, the seller will
A. place these goods on the market immediately.
	
B. increase production of the good.
	
C. store these goods until the price goes up.
	
D. increase the price of the good now.

anonymous · Answer

Definitely not A, if he wants to maximize the profit. A single seller has no effect on the market price, so definitely not D. So I am not too sure between B and C... But C sounds illogical, because he wants to produce more to sell more, so I will have to say B.

anonymous · Answer

Thanks I had it already, forgot close question.