Throughout the 1990s, the price of four- wheel drive vehicles rose and each year more were purchased. This experience suggests that there were

Question

Quizplus · Accepted Answer

The rise in price and increase in quantity purchased suggests that there was a rightward shift in the demand curve for four-wheel drive vehicles, meaning that consumers were willing to pay more for these vehicles and demand increased at every price point.

Throughout the 1990s, the Price of Four- Wheel Drive Vehicles