a
increase in price of raw materials
b
change in taste of consumer
c
increase in the size of the population
d
expectation of future price increase
Explanation
Correct Option
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VickeyBobae
1 year ago
Option D Because an expectional demand curve can also be called an abnormal demand curve where the law of demand has no effect.
The law of demand states that the higher the price, the lower the quantity of goods demanded but in an expectional demand curve, the higher the price, the higher the quantity of goods demanded and this can result from the expectation of future prices increase; which means once people anticipate that prices of commodity will increase in the future, they will buy more goods now even though the prices are high.
I hope I explained well😀


