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Suppose we observe that the quantity of electric vehicles sold increases significantly, but the price of electric vehicles stays about the same. What statement best
Suppose we observe that the quantity of electric vehicles sold increases significantly, but the price of electric vehicles stays about the same. What statement best describes what might have happened in the market? 1. The price of gasoline increased and the cost of making batteries for electric vehicles increased 2. The price of gasoline decreased and the cost of making batteries for electric vehicles decreased 3. The price of gasoline increased and the cost of making batteries for electric vehicles decreased. 4. The price of gas decreased and the cost of making batteries for Electric vehicles increased. 5. None of the other answers are a potential explanation. I don't think it is 5
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