Answer:
increase (or shift right) in aggregate demand now
Explanation:
due to speculative reasons, when individuals and firms expect higher prices in the near future, they will purchase more goods now, shifting the demand curve to the right. This shift is only temporary since the increase in the demand of goods was the result of not wanting to pay higher prices in the future.
Answer: Option c
Explanation: The production by the producers for availability in the market is knows as the supply function in economics. And the amount of goods that the consumers are willing to buy at a given price is the demand function.
Thus, if there is a shortage of good in the market it means the price charged by the suppliers is below the equilibrium level.Therefore, the consumers who actually do not need it are demanding the product.
Hence we can conclude that the right option is C.
Technology change many of our jobs for example now they have all these gadgets at do things for us
Answer:
The answer is: Akamai will probably lower its prices too.
Explanation:
When a company's competitors offer similar products and lower their prices, they are expecting a substitution effect to happen. This means that your customers will stop buying from you and will start buying similar substitute products from the competition at lower prices.
Akamai will probably try to avoid this from happening and the only feasible way they can do it is by also lowering their prices to match the competition's.
