An increase in the expected future price of a good will cause the current demand for the good to

A) decrease, which is a shift to the left of the demand curve.
B) decrease, which is a shift to the right of the demand curve.
C) increase, which is a shift to the left of the demand curve.
D) increase, which is a shift to the right of the demand curve.

Future Price

The predicted price of a commodity, security, or currency in the future, often determined by future contracts in the marketplace.

Demand Curve

A chart illustrating the connection between an item's price and the amount buyers are prepared to buy at different price levels.

Shift

A change in the position of a demand or supply curve, indicating a change in the quantity demanded or supplied at various prices.