× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
b
2
M
2
V
2
f
2
c
2
c
2
K
2
New Topic  
pirex pirex
wrote...
Posts: 634
7 years ago
Some environmental groups are on record suggesting that the price of gasoline should be much higher than it was in the early 1990s. Why might they say this?
A) They own stock in oil companies.
B) They anticipate that the longer the price is high, the more elastic the response by consumers will be.
C) They anticipate that the longer the price is high, the less elastic the response by consumers will be.
D) They anticipate that higher prices will reduce the price elasticity of supply of oil.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 58 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home

Related Topics

Replies
wrote...
7 years ago
B
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  383 People Browsing
Related Images
  
 1744
  
 297
  
 698
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 486

Previous poll results: How often do you eat-out per week?