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Commerce · Q862

Economics

Graduate and Post Graduate · Commerce · question 862

Q862

If the consumer expects the price to be higher in the future

A.
They substitute current purchases for future purchases of perishable goods
B.
Stockpiling will happen when products are durable
Answer
C.
The position of the demand will not change
D.
The demand for automobiles today will not change

Answer: Option B

Solution

Answer: Option B
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