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Question: Which of the following would NOT increase demand for a Ford Explorer and WHY? Explain your answer thoroughly.

A. A new Consumer Reports article that claims the Explorer is the safest and most fuel-efficient of all the SUVs.

B. A decrease in the price of the Ford Explorer.

C. An increase in the price of a Chevy Blazer.

D. A new study that claims that the Chevy Blazer, Honda Pilot, and other SUVs except for the Ford Explorer have become less safe to drive in the past five years

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92597685

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