A department store announces that its annual tent sale is happening next week. What affect will this have on your current demand for a coat from that department store?
A) Your demand will increase because of an income constraint.
B) Your demand will increase because of your expectations about the price of the coat next week.
C) Your demand will decrease because of an income constraint.
D) Your demand will decrease because of your expectations about the price of the coat next week.
Correct Answer:
Verified
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