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If the price of electricity at publicly-available and household recharging stations increases substantially, a) identify which determinant of demand (or supply) for electric vehicles will
If the price of electricity at publicly-available and household recharging stations increases substantially,
a)identify which determinant of demand (or supply) for electric vehicles will be affected?_________________
b)As a result, the demand / supply (circle one) of electric vehicles will increase / decrease (circle one)?
c)Briefly explain why that is exactly?
d)The equilibrium price of electric vehicles will decline / rise (circle one), all other things the same?
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