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insherro insherro
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Posts: 671
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7 years ago
All else constant, a large decrease in the number of people who want to own sport utility vehicles (SUVs) because of their poor fuel efficiency could be expected to cause:
A) an increase in the supply of SUVs.
B) a decrease in the equilibrium price of gasoline.
C) an increase in the equilibrium price of SUVs.
D) an increase in the supply of gasoline.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 129 times
1 Reply
University of Ottawa - Economics for Managers
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toogootoogoo
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7 years ago
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insherro Author
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7 years ago
Good timing, thanks!
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Yesterday
this is exactly what I needed
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2 hours ago
Helped a lot
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