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Llanis Llanis
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6 years ago
One reason the U.S. government might subsidize research of an alternative to crude-oil based gasoline?
A) More substitutes will reduce the price of crude-oil based gasoline.
B) More substitutes will increase the elasticity of crude-oil based gasoline.
C) More substitutes will reduce the impact of supply shocks on the price of crude-oil based gasoline.
D) Any or all of the above.
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Microeconomics

Microeconomics


Edition: 6th
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LBCeaLBCea
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6 years ago
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Llanis Author
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6 years ago
Helped a lot
jbarnett14
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Yesterday
Thanks for your help!!
hmonier
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2 hours ago
Thank you, thank you, thank you!
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