What Would Happen to Demand If Consumers Expect the Price

question 69

Multiple Choice

What would happen to demand if consumers expect the price of a good to rise in the near future?

• A) The current demand would increase.
• B) The future demand would decrease.
• C) The current demand would not be affected.
• D) The current demand would decrease.

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Definitions:

Celeron

A brand name for a line of budget x86 microprocessors developed and marketed by Intel, aimed at the low-end consumer market.

Pentium Chips

Microprocessors produced by Intel, introduced in 1993, known for their use in personal computers and servers.

Multibranding

A marketing strategy where a company markets multiple brands within the same product category, aiming to capture a larger market share.

Market Segment

A subgroup of people or organizations within a market that share one or more characteristics, allowing for targeted marketing strategies.