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Other Fields Homework Help Economics Topic started by: elbthwtkns01 on Jul 21, 2019



Title: Recall the Application about the increase in purchases of hybrid vehicles to answer the following ...
Post by: elbthwtkns01 on Jul 21, 2019
Recall the Application about the increase in purchases of hybrid vehicles to answer the following question(s).


According to the Application, one factor which was responsible for roughly one-fifth of hybrid vehicles purchased in 2007 was a federal subsidy of up to $3,400 per hybrid vehicle. The increase in sales due to this subsidy is an example of which element of the economic way of thinking?

▸ responding to incentives

▸ isolating variables

▸ thinking at the margin

▸ using assumptions to simplify


Title: Recall the Application about the increase in purchases of hybrid vehicles to answer the following ...
Post by: Nikki_LYNN on Jul 21, 2019
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Title: Recall the Application about the increase in purchases of hybrid vehicles to answer the following ...
Post by: elbthwtkns01 on Jul 21, 2019
Thanks