Question
In the market for hybrid gas/electric cars in the Ithaca area, the price of gas rises dramatically. The resulting Adjustment is: Group of answer choices
In the market for hybrid gas/electric cars in the Ithaca area, the price of gas rises dramatically. The resulting Adjustment is:
Group of answer choices
A. a change in demand.
B. a change in the quantity demanded.
C. a change in supply.
D. a change in the quantity supplied.
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
