Changes in the determinants of supply

Coffee bean merchants notice that coffee prices are at a historic low today, but they expect the price of coffee beans to increase in the next six months.

How will the expectation of an increase in future prices most likely affect the supply of coffee beans on the market today?

(Choice A)
Supply will decrease.
(Choice B)
Supply will increase.
(Choice C)
There will be a movement along the same supply curve to a new higher quantity supplied.
(Choice D)
There will be a movement along the same supply curve to a new lower quantity supplied.
(Choice E)
There is no change in supply.

AP®︎/College Microeconomics

Course: AP®︎/College Microeconomics > Unit 2

Problem