Question

Which development would most likely cause the demand for a product to increase?
A. Consumers expect the price to rise in the near future.
B. Consumer demand for a complementary good decreases.
C. The number of consumers in a market decreases.
D. Consumer preferences shift away from the product.​

Answer 1

Answer: A. Consumers expect the price to rise in the near future

Explanation: a p e x

Answer 2

This is the correct option Consumers expect the price to rise soon.

Consumers expect

When An increase in the government expenditure as a result of the outbreak of war, developmental and also welfare activities of main causes an increase in the aggregate demand for goods and also services hi the economy.

When Reduction hi taxation can also be an important cause for the generation of excess demand in the economy.

Thus, When the government reduces taxes, and also it increases the disposable income of the people, which, in turn, raises the demand for goods and also services.

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