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

what term describes the tendency of a moving object to continue moving at the same velocity unless an unbalanced force acts on it? A. inertiaB. Friction C. Grav
I really need help answering these
What is the answer for 40÷1+3-(3×7)+7-5
complete the square x^2+6x-16=0
What part of a check is the LEAST important?
Can someone please help me with 32?
Susan tossed a die 720 times. Which of the following would be a good estimate of the number of times she got the number 3 on the die? 'm asking this question li
Alcohol is considered a __________a. poisonous drug. b. recreational drug. c. recreational beverage
Which best describes the structure of the molecules that make up protein ??
A triangle’s height is 6c meters and the base is c – 1 meters. Brian knows that the area of the triangle is 18 square meters and is trying to find the height. W