You love.You hear on the news that 50% of the world's banana crop has been wiped out because of a virus,which will cause the price to double by the end of the year.What happens as a result

Question

Quizplus · Accepted Answer

The news about the decrease in the banana crop and the increase in the price of bananas by the end of the year will prompt consumers to stock up on bananas or increase their consumption today before the price hike occurs. Therefore, the demand for bananas increases immediately rather than waiting until the price doubles at the end of the year.

You LoveYou Hear on the News That 50% of the World's