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Listen All Rights Reserved for Dr. Ibrahim Abou-Saad: Which of the following statements is not considered a false statement in economics? When other things remain

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Listen All Rights Reserved for Dr. Ibrahim Abou-Saad: Which of the following statements is not considered a "false" statement in economics? When other things remain equal, buyers are expected to stock up (demand more) from the normal product that they expect its market prices will decline significantly in the soon future. Other things remain unchanged, the market demand curve for a particular product is expected to shift leftwards when the price of that product declines. Other things remain unchanged, the demand for inferior products is expected to decrease when buyers' incomes go up. Other things being equal, a shortage from Pepsi Cola is expected if both buyers and sellers of Pepsi Cola strongly believed the forecast of significant decline in the market price of Pepsi Cola

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