Suppose that an increase in the supply of a good causes expectations of future price decreases to change.  Which of the following additional outcomes is most likely? a change in quantity demanded followed by a change in demand a change in quantity demanded alone a change in demand alone neither a change in quantity demanded or a change in demand

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
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Chapter4: The Market Forces Of Supply And Demand
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       Suppose that an increase in the supply of a good causes expectations of future price decreases to change.  Which of the following additional outcomes is most likely?

  1. a change in quantity demanded followed by a change in demand
  2. a change in quantity demanded alone
  3. a change in demand alone
  4. neither a change in quantity demanded or a change in demand
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