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

d = √[( x₂ - x₁) + (y₂ - y₁)] Midpoint Formula Slope Form Distance Formula Quadratic Formula
What historical event do Americans celebrate on the Fourth of July? 1.Official signing of the Declaration of Independence 2.George Washington's birthday 3.The f
The last new star was added to the American flag in which year?
y - y₁ = m(x - x₁) Slope-Intercept Form of the Line General Linear Form of the Line Point-Slope Form of the Line Slope Form
Where should you go to read President Lincoln’s Gettysburg Address, which is carved in the walls of the Lincoln Memorial? a. Gettysburg, Penn. b. Washington,
This haunting and eloquent military tune originated as a signal to mark the end of the day, and is used today at funerals, wreath-laying services, and memorial
A group of 18 people ordered soup and sandwiches for lunch .each person in the group had either one soup or one sandwich.the sandwhiches cost $7.75 each and th
what is database of computer ?
What's a Mudslinging. Please help?
What is English Literature??