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  3. Study Set
    Managerial Economics
  4. Exam
    Exam 2: Demand Theory
  5. Question
    If Consumers Expect the Price of a Commodity to Increase
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If Consumers Expect the Price of a Commodity to Increase

Question 24

Question 24

True/False

If consumers expect the price of a commodity to increase in the future, then demand for the commodity will decrease.

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