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ECON 302 Suppose that electric vehicle (EV) sellers get new information and predict that EV prices will be lower next year than the previously expected.
ECON 302 Suppose that electric vehicle (EV) sellers get new information and predict that EV prices will be lower next year than the previously expected. What will happen to the current equilibrium price and quantity of EVs? a. The current price of EVs will rise and the current quantity of EVs will fall. b. The current price of EVs will rise and the current quantity of EVs will rise. c. The current price of EVs will fall and the current quantity of EVs will fall. d. The current price of EVs will fall and the current quantity of EVs will rise
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Macroeconomics
Authors: N. Gregory Mankiw, William M. Scarth
5th Canadian Edition
1464168504, 978-1464168505
