Ceteris paribus,if buyers expect the price of airline tickets to fall in the future,then right now there should be

Question

Quizplus · Accepted Answer

If buyers expect the price of airline tickets to fall in the future, then they are likely to delay their purchase and wait for the cheaper prices, leading to a decrease in current demand for airline tickets. This would result in a leftward shift of the demand curve. There would be no immediate effect on the supply of airline tickets as the expectation of lower prices in the future does not impact the current supply.

Ceteris Paribus,if Buyers Expect the Price of Airline Tickets to Fall