A. if the price is expected to rise, current demand will drop. B.if the price is expected to fall, current demand will rise. C. if the price is expected to rise, current demand will rise. D. Future price is not related to current demand. I myself believe it is c but im unsure and want a second opinion and why it is wrong, if you know please explain to me. Thank You. If future price I higher than current price, demand will rise, people will purchase more of that product today instead of waiting for price to rise. While if the price in the … future is going to be lowered consumers will wait until the price is dropped to purchase. Economy: Chapter 4. STUDY. Flashcards. Learn. Write. Spell. Test. PLAY. Match. Gravity. Created by. cmr192. Terms in this set (25) How is future price related to current demand? If the price is expected to rise, current demand will drop. If the price is expected to fall, current demand will rise. How is the current demand for a good related to its future price? If the price is expected to drop, current demand will fall. The price of movie tickets in a town has risen from $7 to $9. What is the most likely effect of the change in price? The quantity demand for movie tickets will decrease.
What is the relation between the supply of goods and their prices? 535 Views · What is the effect of price on demand?
Economy: Chapter 4. STUDY. Flashcards. Learn. Write. Spell. Test. PLAY. Match. Gravity. Created by. cmr192. Terms in this set (25) How is future price related to current demand? If the price is expected to rise, current demand will drop. If the price is expected to fall, current demand will rise. How is the current demand for a good related to its future price? If the price is expected to drop, current demand will fall. The price of movie tickets in a town has risen from $7 to $9. What is the most likely effect of the change in price? The quantity demand for movie tickets will decrease. If the price is expected to drop, current demand will fall. If the price is expected to rise, current demand will fall. Current demand is not related to future price. If the price is expected to drop, current demand will fall. How Is Future Price Related To Current Demand. (Correct Answer Below) ?If the price is expected to rise, current demand will drop.If the price is expected to fall, current demand will rise.If the price is expected to rise, current demand will rise.Future price is not related to current demand. How is current demand related to future price? if the price is expected to drop, current demand will fall. Which of the following is a situation that makes the market behave iefficiently? when consumers do not have enough information to make good choices. How is the future price related to the current demand? if price is expected to rise, current demand will rise. On which kinds of goods do The spot price of a commodity is the current cash price for the physical good in the market. The futures price is based on a derivative contract for delivery at a future date in time. The difference between spot and futures prices in the market is called the basis. Demand is defined as the quantity of goods and services that consumers are willing and able to pay for at a given price in a given period of time. Supply, on the other hand, is the quantity of goods or services that the producers are willing and able to supply at given price in a given period of time.
How is current demand related to future price? if the price is expected to drop, current demand will fall. Which of the following is a situation that makes the market behave iefficiently? when consumers do not have enough information to make good choices. How is the future price related to the current demand? if price is expected to rise, current demand will rise. On which kinds of goods do
How Is Future Price Related To Current Demand. (Correct Answer Below) ?If the price is expected to rise, current demand will drop.If the price is expected to fall, current demand will rise.If the price is expected to rise, current demand will rise.Future price is not related to current demand. How is current demand related to future price? if the price is expected to drop, current demand will fall. Which of the following is a situation that makes the market behave iefficiently? when consumers do not have enough information to make good choices. How is the future price related to the current demand? if price is expected to rise, current demand will rise. On which kinds of goods do The spot price of a commodity is the current cash price for the physical good in the market. The futures price is based on a derivative contract for delivery at a future date in time. The difference between spot and futures prices in the market is called the basis. Demand is defined as the quantity of goods and services that consumers are willing and able to pay for at a given price in a given period of time. Supply, on the other hand, is the quantity of goods or services that the producers are willing and able to supply at given price in a given period of time. It's a fairly safe bet that as the delivery month of a futures contract approaches, the future's price will generally inch toward or even become equal to the spot price as time progresses. This is How is the current demand for a good related to its future price? If the price is expected to drop, current demand will fall. Which of the following events could cause the demand curve for sports magazines to shift to the right? A star basketball player interests thousands of people in professional sports for the first time. Demand for movie rentals is highly elastic. A video store that raises
How is current demand related to future price? if the price is expected to drop, current demand will fall. Which of the following is a situation that makes the market behave iefficiently? when consumers do not have enough information to make good choices. How is the future price related to the current demand? if price is expected to rise, current demand will rise. On which kinds of goods do
If a buyer expects the price of a good to go down in the future, they hold off buying it today, so the demand for that good Price of related products and demand. What is the relation between the supply of goods and their prices? 535 Views · What is the effect of price on demand? 25 Jun 2019 Learn how the law of supply and demand affects prices, such as There is an inverse relationship between the supply and prices of The public immediately became concerned about the future availability of oil Tax incidence describes who bears the relative burden of a new or existing tax that is levied. Expectations of future price, supply, needs, etc. The price of related goods. These can be substitutes, such as beef versus chicken. They can also be When factors other than price changes, demand curve will shift. replace each other): price of substitute and demand for the other good are directly related. Future price: consumers' current demand will increase if they expect higher future
A. if the price is expected to rise, current demand will drop. B.if the price is expected to fall, current demand will rise. C. if the price is expected to rise, current demand will rise. D. Future price is not related to current demand. I myself believe it is c but im unsure and want a second opinion and why it is wrong, if you know please explain to me. Thank You.
the higher the expected future price of product, the higher the current demand for that product and vice versa. for example, when government plans to increase the price of sugar the following week Future price is not related to current demand Asked in Economics How is the future price related to current demand? if the price is expected to drop, current demand will fall.