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The battery packs used in electric and hybrid automobiles are one of the largest cost components for manufacturing these cars. As the price of these
The battery packs used in electric and hybrid automobiles are one of the largest cost components for manufacturing these cars. As the price of these batteriesdecline, we expect that the
A.
demand curve for electric and hybrid autos will shift rightward.
B.
supply curve for electric and hybrid autos will shift leftward.
C.
supply curve for electric and hybrid autos will shift rightward.
D.
demand curve for electric and hybrid autos will shift leftward.
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