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If future price I higher than current price, demand will rise, people will purchase more of that product today instead of waiting for price to rise. While if the price in the future is going to be lowered consumers will wait until the price is dropped to purchase.
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∙ 11y ago
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How is the future price related to current demand?
if the price is expected to drop, current demand will fall.
How is current demand related to the future price of a good?
If the price is expected to drop, current demand will fall.
How is future related to current demand?
if the price is expected to rise,current demand will rise.
How will future expectations will affect demand?
it will happen by price changing.
What is change in increase in demand?
Expectations of price change a news report predicting higher prices in in the future can increase the current demand as customers increase the quantity
How is future price related to current demand?
Future price is not related to current demand
How is the future price related to current demand?
if the price is expected to drop, current demand will fall.
How is current demand related to the future price of a good?
If the price is expected to drop, current demand will fall.
How is the current demand for a good related to is future price?
If the price is expected to drop, current demand will fall.
How is future related to current demand?
if the price is expected to rise,current demand will rise.
How is the current demand for a good related to its future prices?
If the price is expected to drop, current demand will fall.
How will future expectations will affect demand?
it will happen by price changing.
What is change in increase in demand?
Expectations of price change a news report predicting higher prices in in the future can increase the current demand as customers increase the quantity
How do the changes of demand affect the price?
Higher demand, the higher the price goes. Remove the demand for something and then the price drops.
What effects supply and demand?
Fluctuations in the price of goods. The affect of demand on price is directly proportional and supply's affect on price is indirectly proportional.
How does elasticity affect a companys pricing policy?
If demand is elastic at the current price, the company knows that an increase in price would reduce total revenues.
Expectation of future changes in price?
the higher the expected future price of product, the higher the current demand for that product and vice versa. for example, when government plans to increase the price of sugar the following week, the demand for sugar will immediatelly increase because consumer want to store for future use because of the expected higher price. if consumer expect the price cars to fall next year, the present demand for cars this year will decrease since consumer will wait for the price to fall.
