asked 54.3k views
21 votes
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.

1 Answer

3 votes
Answer: A. Demand will fall because the prize is expected to rise
answered
User Josh Allemon
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