Consumers expect the price of laptops to fall next month. What is the most likely immediate effect in the current month?
Current demand shifts left because some purchases are delayed
Current quantity demanded rises because the current price has fallen
Current demand shifts right because laptops are normal goods
There is a movement down the current demand curve
41 exam-style questions on OCR GCSE Economics 2.2 Demand, covering 2.2.1 What is demand, 2.2.2 Draw a demand curve using data, 2.2.3 Explain a demand curve, 2.2.4 Shifts and movements of the demand curve, 2.2.5 Causes and consequences of demand changes, 2.2.6 Price elasticity of demand, 2.2.7 Draw demand curves of different elasticity, and 2.2.8 Importance of price elasticity of demand. Each one has a worked solution and a mark scheme showing where the marks go.