I have a problem in economics on Price hike problem of durable goods. Please help me in the following question. The expectations of price hikes for durable goods tend to: (i) Raise current production, however only for later sale. (ii) Cause firms to raise their inventories. (iii) Reduce the supply in very short run. (iv) Raise consumer’s demands in short run. (v) All of the above.
What is the precise option?