Uchenna expects a hurricane to hit his region next week and wants to buy more gasoline today. All else equal, how would this be reflected in a graph of his demand for gasoline?

Question

Quizplus · Accepted Answer

An increase in demand due to the expectation of a hurricane would shift the demand curve to the right, not just move along the curve. This reflects a change in demand, not just a change in the quantity demanded at a given price.

Uchenna Expects a Hurricane to Hit His Region Next Week