Question

Consumer expectation what is the cause of shift demand

Answer 1

Answer: One of the demand shifters is buyers' expectations. If a buyer expects the price of a good to go down in the future, they hold off buying it today, so the demand for that good today decreases. On the other hand, if a buyer expects the price to go up in the future, the demand for the good today increases.

Explanation: The Enlightenment's emphasis on reason shaped philosophical, political and scientific discourse from the late 17th to the early 19th century. Matthew White traces the Enlightenment back to its roots in the aftermath of the Civil War, and forward to its effects on the present day.

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