If consumer expects price to rise in the future current price will be__________.a.constantb.shift to downc.decreased.increase
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Solution 1
If consumers expect prices to rise in the future, the current price will likely increase. This is because consumers may start buying the product in larger quantities now to avoid higher prices later. This increase in demand can drive up the current price. So, the answer is d. increase. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowe
StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem. Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study proble
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