contestada

If I told you that income elasticity in the market for hybrid cars is positive, you would know that:
A. there are many substitutes for hybrid cars.
B. there are few substitutes for hybrid cars.
C. hybrid cars are a normal good.
D. hybrid cars are an inferior good.

Respuesta :

The best and most correct answer among the choices provided by your question is the second choice or letter B.

If I told you that income elasticity in the market for hybrid cars is positive, you would know that: there are few substitutes for hybrid cars. 

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

Otras preguntas