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the demand for rice will increase

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Q: What will happen in the rice market now if buyers expect higher rice prices in the near future?
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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.


What is supply and demand and how does it affect property prices?

Many buyers plus few houses available for sale means higher house prices - (a sellers market). Few buyers plus a surplus of houses for sale means lower house prices - (a buyers market).


Why does higher saving lead to higher GDP in the future?

The reason higher saving leads to higher GDP in the future is because additional capital becomes available for investment, which results in higher output via capital deepening. GDP stands for gross domestic product.


Why does the real interest rate affect planned aggregate expenditure?

Because the interest rate affects opportunity cost of holding money/spending it. Higher interest increases the future value of current money, and this change the optimal allocation decision of it in the present. For example, the less valuable money is in the future, the more of it you would expect people to spend now.


What is market according to economics?

market is a place where lots of buyers and sellers come in direct contact with the intentions of serve services and earn higher profit....

Related questions

Which is the higher rating Google Plus or facebook?

For Now it's facebook.. But don't know what happen in future.


Why does the sea rise higher with the sun?

you are just dumb to say that!anyway it may happen in the future as worldwide disaster


Why does competition among buyers result in higher prices for product?

Buyers compete for the same product by raising what they are willing to pay.


What is reverse causation?

Reverse causation means that expected future increases in output cause increases in the current money supply and that the expected future decreases in output cause decreases in the current money supply, rather than the other way around. More simply said, money growth is higher because people expect higher output in the future.


Would you expect the spread to be higher on actively or inactively traded stock?

higher


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.


Would you expect sound to travel faster at higher or lower?

faster in higher altitiudes


Would you expect a piccolo to produce higher or lower sounds than a flute?

Higher


Why do you expect a piccolo to have a higher note?

Because it is smaller


How does a corporation with a poor score from rating agency motivate potential buyers?

by charging a higher interest rate


How does a corporation with a poor score from a rating agency motivate potential buyers?

by charging a higher interest rate


Would you expect sound to travel faster at higher or lower altitudes?

faster in higher altitiudes