Describe the change in the equilibrium price and quantity, Ask an Expert

Economics

Describe the change in the equilibrium price and quantity, and describe your answer. Is the equilibrium price higher or lower, or is the change indeterminate

Incomes increase -

b. Interest rates decrease

c. The price of batteries used in the production of these vehicles decreases

d. price of gasoline decreases

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M968968

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