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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)

User Guruprasad
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4 votes

Answer:

Decrease in the demand for televisions today

Step-by-step explanation:

Given that, people have the tendency to buy things cheaply and following the demand rules, which state that the higher the price of a commodity the lower the quantity demanded, and the lower the price of a commodity, the higher the quantity demanded.

Therefore, there will be a decrease in the demand for televisions today simply because people or individuals will probably want to purchase television at that future period, in order to purchase at a lower cost or cheaper rates.

Hence, the right answer to this question is "Decrease in the demand for televisions today."

User Kaslico
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