Ask Question
6 October, 11:59

How can expectations about the future change consumer behavior?

A.) immediate demand for a good will drop if the price is expected to stay the same

B.) Immediate demand for a good will rise if the good is expected to be plentiful

C.) Immediate demand for a good will rise if its price is expected to rise

D.) Immediate demand for a good will drop if there are no substitutes available

+1
Answers (2)
  1. 6 October, 12:03
    0
    The answer is C. If the future price of a good is expected to rise, that means consumers would want to buy more NOW before the price increases. This causes the immediate demand to rise.
  2. 6 October, 12:23
    0
    The correct answer to this question is:

    Immediate demand for a good will rise if its price is expected to rise
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “How can expectations about the future change consumer behavior? A.) immediate demand for a good will drop if the price is expected to stay ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers