In 2007, the price of a used Toyota Prius increased. The most likely cause of this change was
A) a change in population.
B) a decrease in the quantity demanded of Prius'.
C) the substitution effect.
D) a change in preferences in favor of alternative fuel cars.
Correct Answer:
Verified
Q462: An increase in the price of jet
Q463: C Q464: In 2007 Nike reduced the price of Q465: Q466: There are 72,922 seats in Lambeau Field Q468: If good growing conditions increase the supply Q469: In July 2008, gas prices rose as Q470: There are 72,922 seats in Lambeau Field Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
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