If consumers expect that the price of pretzels will decrease next week, what would happen today?

A) Demand today for pretzels would decrease.
B) Demand today for pretzels would increase.
C) Demand today for pretzels would be unaffected.
D) Supply today of pretzels would decrease.


Answer: A

Economics

You might also like to view...

A corporation can raise funds by

a. selling stock in the corporation. b. issuing bonds. c. borrowing from the bank. d. All of these.

Economics

A vertical line has a slope of

a. infinity. b. zero. c. undefined. d. 1,000.

Economics

All of the following are examples of fringe benefits except

a. health insurance. b. retirement payments. c. overtime payments. d. education subsidies.

Economics

which of the following is true of regulation?

What will be an ideal response?

Economics