asked 56.6k views
2 votes
Today's supply curve for iPods could shift in response to a change in:

asked
User Grega G
by
8.1k points

1 Answer

6 votes

Answer:

Expected future price

Step-by-step explanation:

The price of a commodity can change due to various reasons. The demand and supply are the main factors which affect the prices. According to the above scenario, today's supply curve for the iPod could shift in response to future price expectations. The future price expectation can change the current supply of iPod. Prices can increase or decrease based on future expectations.

answered
User Friggle
by
8.5k points
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