If a person expects the price of pumpkins to increase next month, then that person's current demand for pumpkins will increase.

Question

Brook Williams · Accepted Answer

Final Answer : True, Explanation :  Expectations of future price increases can lead to an increase in current demand as consumers may buy more now to avoid higher prices later.

If a person expects the price of pumpkins to increase next month, then that person's current demand for pumpkins will increase.

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