--%>

Expectations and Demand problem

The demand for durable consumer good tends to rise if: (1) Supply rises. (2) Aggregate expenses rise. (3) Consumers predict price hikes or scarcities in the future. (3) Consumers predict surpluses in future.

Choose the precise answer from the above options.

   Related Questions in Microeconomics

  • Q : Elasticity and demand of monopolist

    When a monopolist produces output where demand is unitarily elastic, in that case marginal revenue equals: (1) price. (2) infinity. (3) negative infinity. (4) one. (5) zero. I need a good answer on the topic of

  • Q : Creating externalities to spread costs

    In efforts to offset specific failures of the private sector, government policy within a mixed-capitalist economy would be least reasonably intended at an objective of: (1) creating externalities to spread the costs of various activities across all me

  • Q : Increases in market demand of

    Raised market demand for generic bricks would result within a(n) ___________ into the price of bricks as well as a(n) ___________ within this brickyard’s profit-maximizing output. (i) increase; decrease. (ii) increase; increase.

  • Q : Graphical explanation of production

    The production possibilities frontier graphically demonstrates the: (i) Production limitations which confront the society. (ii) Benefits inherent in the capitalistic economy. (iii) Social selections available if technology is boundless. (iv) Structura

  • Q : Family Allowance Plans for Payments

    Family Allowance Plans [FAPs] as like those common in many European nations give: (w) incentives for couples to live together without marriage due to the punitive tax rates. (x) payments that are roughly enough to feed and clothe each child in a famil

  • Q : Problem regarding rise in quantity

    Can someone please help me in finding out the accurate answer from the following question. The raise in the quantity supplied of frozen vegetarian lasagna would be most probable to outcome from raise in the: (i) cost of ingredients in the vegetarian lasagna. (ii) Numb

  • Q : Discounted by an appropriate interest

    A fundamental principle of finance is that the net cash flows expected by an investment are: (w) all future revenues expected by the investment minus the purchase price of the capital. (x) negatively associated to the interest rates related with borrowing investment f

  • Q : Quality of government in income

    Concern regarding the quality of government is income elastic for mainly people that imply that higher incomes and prosperity tend to: (w) increase people’s participation in political processes. (x) reduce efforts to solve political problems. (y

  • Q : Profit Maximization in Resource Markets

    I have a problem in economics on Profit Maximization in Resource Markets. Please help me in the following question. To make a decision regarding resource hire, the firm should consider: (1) The price of resource. (2) The productivity (MP) of resource. (3) Output price

  • Q : Joint Profit Maximization Joint profit

    Joint profit maximization is least compatible along with the behavior of: (w) General Motors’ division in Chevrolet, Cadillac, Hummer, Delco Remy and Frigidaire, etc. (x) a successful cartel as like OPEC. (y) a collusive agreement leading to sha