gracekoh7018 gracekoh7018
  • 02-01-2020
  • Business
contestada

if people expect future price increases, how would the demand for a normal good be impacted

Respuesta :

ewomazinoade ewomazinoade
  • 05-01-2020

Answer:

Demand will increase.

Explanation:

A normal good is a good whose demand increases when income increases.

If consumers expect the price of a good to rise in the future, consumers would increase their demand for the good now because the good would become more expensive in the future.

I hope my answer helps you.

Answer Link

Otras preguntas

Please help me fill in the gaps if you know it in present tense thankss!!
Ryan’s school would like to boost physical activity among students. Based on the information in the graph, what activity will most likely be recommended to stud
What number can divided 22 and 33 ?
what is the factored form of x²+2x
paghatol tungkol sa maikling kwentong 'ang ama'
Please help!............
Please share you story of ' Have you seen anyone naked? '. I need a good story for my friends to tell. Do this, and i will mark you brainliest.​
27 Drag the tiles to the correct boxes to complete the pairs. Match each scenario to the climatic factor that caused it. latitude elevation proximity to a water
how does extravangance lead to proverty?​
Why do you think photosynthesis doesn't happen in other parts of the plant?​