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Sublight2097 Sublight2097
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Posts: 4132
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8 years ago
Speculators who believe the world-wide demand for cocoa products is going to increase enormously next year will cause
A) less cocoa to be consumed next year.
B) less cocoa to be consumed this year.
C) less cocoa to be produced next year.
D) less cocoa to be produced this year.
E) none of the above since speculation only affects price.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 271 times
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SmooothSmoooth
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#1
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8 years ago
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Sublight2097 Author
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#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
wrote...
#3
8 years ago
You're welcome Happy Dummy
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