ibbibhat5730 ibbibhat5730

20-10-2020
Business

contestada

Assume we are looking at the electric car market. How would a major increase in gas price affect this market?

Respuesta :

PiaDeveau PiaDeveau

20-10-2020

Answer:

Demand increases

Explanation:

There are replacements for petrol and electric vehicles. So, as petrol prices grow, sales of electric vehicles will grow. Market curve will move to the right and that both prices and quantities will rise.

Answer Link

Otras preguntas

When did Great Britain gain control of the Suez Canal and establish a protectorate over Egypt?

Write as many expressions as you can for this picture.

an envelope contains bills in dollar amounts: ones, fives, tens and twenties. krishna draws two bills at random without replacement. what is the probability tha

edmentum french 2 final answers?

Evaluate the expression for w=2 and x=2 2w+12 ÷(2x)

Which of the following are not considered "external" users of financial statements?a. ownersb. creditorsc. labor unionsd. managers

Which group was the first to forcibly remove Africans from Africa for slave labor? The English The Spanish The Dutch The French The Portuguese

Which of the following sentences includes direct characterization for Daniel? Group of answer choices “I fear my lord the king, who assigned your food and drink

who is the comic writer of my school life pretending to be worthless?

Please help this is the 2nd part of the other assignment!