What would happen to demand if consumers expect the price of computers to fall in the near future?
A) The demand for computers rises today.
B) The demand for computers falls today.
C) The quantity demanded of computers rises today.
D) The demand for computers will rise in the future.

Question

Quizplus · Accepted Answer

If consumers expect the price of computers to fall in the near future, they are likely to delay their purchases and wait for the price to drop. This means the demand for computers would decrease today as consumers hold off on buying them.

What Would Happen to Demand If Consumers Expect the Price