Question

If potential buyers of good x expect the price of a good x will soon rise,...

If potential buyers of good x expect the price of a good x will soon rise, then the current

A- Demand for good x will reamind unchanged

B- Demand for good X will fall

C- Demand for good X will rise

D- Quantity demanded of a good x will fall

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Homework Answers

Answer #1

ANSWER -

(C) Demand for good x will rise.

Explanation -

Other options Explanation -

(A)-  This situation happens when the price of X does not rise in the future.

(b) - This situation would have happened if the price of X decreased in the future.

(d) - This situation also happens when the price.

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