The price of a bushel of wheat will increase

Assignment Help Business Economics

Reference no: EM13859108

It is expected that the price of a bushel of wheat will increase in one month. This belief will result in

a. an increase in the current supply of wheat.

b. a decrease in the current supply of wheat.

c. a decrease in the future supply of wheat.

d. an increase in the current quantity supplied of wheat

Reference no: EM13859108

Questions Cloud

Draw graph depicting the budget set : A student has a budget of $200 for their meals outside of the home per week. One possibility is purchasing a meal at a restaurant, which we will call x1, and which costs $20, and a second possibility is purchasing a meal at the school cafeteria, x2, ..

An increase in number of fast-food restaurants : An increase in the number of fast-food restaurants

The demand curve for dining out : In a recession, consumers have less income to spend. As a result, if dining out is a normal good, then which of the following would happen to the demand curve for dining out?

What happens to the supply of houses : Plywood is used in the construction of houses. If the price of plywood rises, what happens to the supply of houses

The price of a bushel of wheat will increase : It is expected that the price of a bushel of wheat will increase in one month.

Deficit spending could be burden to future generations : A paragraph or so, explain the differences between the public debt and the government budget deficit. Explain how deficit spending could be a burden to future generations.

Utility for income and leisure : Let Y represent income and L represent hours of leisure. Mike's utility for income and leisure is U(Y,L) = Y x L so that marginal utility of leisure = Y and the marginal utility of income = L. Total hours available for leisure and work in any given w..

Owner-operator of a gas station in a small town : Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival have successfully kept prices at a very high level. You recently learned that your rival is retiring and closing his station in two weeks...

What macro environmental factors have affected : What microenvironment factors have affected Sony’s performance since 2000? What macro environmental factors have affected Sony’s performance during that period? What stands in the way of Sony’s success today?

User Account

All Pages