Question

James specializes in college-level economics tutoring. He knows that during the two weeks before finals he can charge more for an hour of private tutoring. Expecting this price increase, James will

a. supply less tutoring now, shifting supply to the left.

b. supply more tutoring now, shifting supply to the right.

c. supply less tutoring now, shifting supply to the right.

d. supply more tutoring now, shifting supply to the left.

e. change the price of tutoring without any shift in supply.

Answer

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