-In the above figure, if D? is the original demand curve and consumers come to expect that the price of the good will rise in the future, which price and quantity might result?

Question

Quizplus · Accepted Answer

If consumers expect the price of a good to rise in the future, the current demand for the good will increase, shifting the demand curve to the right. This results in a higher equilibrium price and quantity, which is represented by point c.

-In the Above Figure, If D? Is the Original Demand