Which of the following is most likely to cause a leftward shift of the demand curve for a normal good in the current period?

Question

Quizplus · Accepted Answer

A leftward shift in the demand curve for a normal good indicates a decrease in demand. This is most likely to occur if consumers expect that the price of the good will decline in the future, leading them to wait to make purchases, thus decreasing current demand.

Which of the Following Is Most Likely to Cause a Leftward