If consumers expect the price of a good to rise in the near
future, how would this most likely affect demand?
A. Demand will fall because the price is expected to rise.
B. Demand will increase before the price rises.
C. Demand will stay the same until the price rises.
O D. Demand will rise, even after the price rises.

Question

07-06-2022
Social Studies

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If consumers expect the price of a good to rise in the near
future, how would this most likely affect demand?
A. Demand will fall because the price is expected to rise.
B. Demand will increase before the price rises.
C. Demand will stay the same until the price rises.
O D. Demand will rise, even after the price rises.

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parithijenil2007 parithijenil2007 · Answer 1 · 2022-06-07T15:34:24-04:00

parithijenil2007 parithijenil2007

07-06-2022

Answer: A. Demand will fall because the prize is expected to rise

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