Expectations of price fall during sales

Can someone help me in finding out the right answer from the given options. Pam’s expectations that the costs of shoes are going to drop all through forthcoming clearance sales will lead, in the short run, to a/an: (i) Reduction in her demand for shoes. (ii) Reduction in her quantity demanded of shoes. (iii) Rise in her demand for shoes. (iv) Raise in her quantity demanded of shoes.

View Complete Question

Related Questions in Microeconomics

Q : Revenue expenditure Why payment of

Why payment of interest is treated as revenue expenditure? Answer: Since it does not cause any decrease in the liability of government.

Q : Price taker in the context of a firm

What is meant by the word price taker in the context of a firm? Answer: It means that firm does not contain any control over the price and it has to pursue that pri

Q : Movement according to economist Assume

Assume that you purchased a ton of gold in Belgium for $450 per ounce and instantly sold all of it in Chile for $480 per ounce. Economists label your movement as: (i) Arbitrage. (ii) Scalping. (iii) Screening. (iv) Speculation. (v) Signaling.

Q : Short-run supply curve of a purely

Short-run supply curve of a purely competitive firm is the positively sloped segment of: (a) its long run sales revenue curve. (b) its marginal fixed cost curve. (c) its average profits curve. (d) its average total cost curve. (e) its MC curve above t

Q : Problem based on shift of the

Technological advance in producing both capital goods and consumer goods is illustrated by the shift of the production possibilities curve from AB to: 1) CD. 2) EB. 3) AF. 4) GH.

Q : Normal and Inferior Goods Can someone

Can someone help me in finding out the precise answer from the given options that when a fixed level of national income becomes appreciably less evenly distributed as the numbers of relatively poor people and relatively prosperous people both raise dr

Q : Implication of perfect knowledge

Describe the implication of perfect knowledge regarding market beneath perfect competition.

Q : Economic what is the Production

what is the Production possibility frontier

Q : Problem on long run competitive

The technology is such that LAC is minimized at firm’s output equivalent to 10 and minimum LAC is Rs. 15. Assume that the demand schedule for the product is given as shown:

Q : Highest hourly wages rate and lowest

From the given choices, in given graph Glynn would be happiest at: (1) point a. (2) point b. (3) point c. (4) point d. (5) point e. 1669_Lab</span></p>
</div>

</li>

</td>
</tr>
</table>

</ul>

</div>
</div>
<div class=

Discover Q & A

Leading Solution Library

Avail More Than 1421847 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1961593
Asked

3,689

Active Tutors

1421847

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment