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Complete the following sentence: If people think that the price of televisions will decrease in the near future, that belief may cause a(n) increase in the supply of televisions today. increase in the
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Complete the following sentence: If people think that the price of televisions will decrease in the near future, that belief may cause a(n)

increase in the supply of televisions today.

increase in the price of televisions today.

decrease in the demand for televisions today.

User Ricardo Miguel
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2 Answers

3 votes

Answer:Decrease in the demand for televisions today

Step-by-step explanation:

If the people are expecting a decrease in the price of televisions in the near future, then they will prefer to wait for a while at present so that the prices may go down in the future, this will help them buy televisions at a cheaper rate as compared to the current market rate.

I hope this answer clear your concept.

BEST OF LUCK

User Deniss Kozlovs
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3.6k points
4 votes

Answer:

decrease in the demand for televisions today.

Step-by-step explanation:

Consumers are usually interested in paying the lowest possible price for a good or service.

If they expect prices to fall in the future, they would be willing to shift demand into the future and reduce demand now.

I hope my answer helps you.

User Leonz
by
4.3k points
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