trentbrock619 trentbrock619
  • 03-07-2021
  • Business
contestada

Based on the substitution effect, which example reflects how people would likely respond to a rise in gas prices

Respuesta :

temdan2001
temdan2001 temdan2001
  • 04-07-2021

Answer:

People will purchase more fuel efficient cars

Explanation:

People will purchase more fuel efficient cars in order to reduce the consumption of gas.

Better still, this will also leads to increase in the quantity demanded for electric cars; as they did not require gas to operate.

Answer Link

Otras preguntas

Question 1.1. Choose the correct answer. Nancy bought 360 tropical fish for a museum display. She bought 8 times as many goldfish as angelfish. How many of eac
solve for c: 5c-4-2c+1=8c+2
Which of the following types of models would be most effective to demonstrate the relationship between distance and time?
Is the word "closely" an adverb or adjective
how many eighty fours are in 672
Which French leader of the Protestant Reformation made Geneva a center of Protestant thought and faith? A. John Calvin B. Teresa of Avila C. John Huss D. Martin
x+y=10 x-y=20 how do you solving systems of equations with elimination
2cos^2x+sinx=2 domain restriction 0,2pi
What arouses men more than any other scent in the world (according to the Smell & Taste Treatment and Research Foundation in Chicago)?
what is the standard form of the parabola whose vertex form is Y=-(X-3)^2+11