If consumers have an expectation of a product's price increasing in the near future,they will usually

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If consumers have an expectation of a product's price increasing in the near future, they will usually opt to purchase more at the current price to avoid paying a higher price in the future. Waiting for the new price and comparing may lead to regret if the price indeed increases, and waiting to see if the price increases may result in missing out on the current price.

If Consumers Have an Expectation of a Product's Price Increasing