Question

If there is expectation about rise in price infuture then present supply ​

Answer 1

Answer:

If sellers expect a higher price, then supply decreases. If sellers expect a lower price, then supply increases. Sellers' expectations are one of five supply determinants that shift the supply curve when they change. ... If they expect the price to rise in the future, they are inclined to sell less now.

Answer 2

Answer:

The expectations that sellers have concerning the future price of a good, which is assumed constant when a supply curve is constructed. If sellers expect a higher price, then supply decreases. If sellers expect a lower price, then supply increases.