Throughout the 1990s, the price of sport utility vehicles (SUVs) rose and each year more were purchased. This experience suggests that

Name: Throughout the 1990s, the price of sport utility vehicles (SUVs) rose and each year more were purchased. This experience suggests that
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The rising price and increasing quantity purchased of SUVs suggests a rightward shift in the demand curve, indicating that consumers were willing to pay more for these vehicles as their popularity and perceived value grew.

Throughout the 1990s, the Price of Sport Utility Vehicles (SUVs)