The actions of speculators in a market tend to shift the ____ when the price of the good is low and thereby ____ the price

a. demand curve out; raise
b. demand curve in; lower
c. supply curve out; lower
d. supply curve in; raise


a

Economics

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Exhibit 21-4 Coffee and tea output (pounds per hour) CountryCoffee Tea Brazil10 5 China  8 8 As shown in Exhibit 21-4, compared to Brazil, China has a comparative advantage in the production of:

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Economics