A. a moment along the curve
B. a leftward shift
C. no shift of the supply curve
D. a shift to the right
Correct Answer: Option D
D. a shift to the right
Explanation
If sellers expect that the price of the goodwill is decreasing in the future, then they are likely to sell more today. This causes an increase in supply and a rightward shift in the supply curve.
Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…
Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…
Do you want to study Cooperative and Business Management in OOU? Before you apply for…
Do you want to study Home and Hotel Management in OOU? Before you apply for…
Do you want to study Animal Production in OOU? Before you apply for the OOU…
Do you want to study Crop Production in OOU? Before you apply for the OOU…