if-consumers-expect-a-new-model-of-a-smartphone-to-be-released-soon-what-is-like

Question

If consumers expect a new model of a smartphone to be released soon, what is likely to happen to the demand for the current model?

Accepted Answer

The demand for the current model will decrease.

Answer

The demand for the current model will increase.

Answer

The demand for the current model will remain unchanged.

Answer

The supply of the current model will increase.