As consumers prefer smaller and more fuel- efficient cars, the

Name: As consumers prefer smaller and more fuel- efficient cars, the
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

The statement implies that there is a shift in consumer preference towards smaller and more fuel-efficient cars. This will lead to a decrease in the demand for SUVs as consumers will be less interested in purchasing them. The quantity demanded for SUVs may also fall as a result of this shift in consumer preference.

As Consumers Prefer Smaller and More Fuel- Efficient Cars, the