Which of the following is true of the automobile market in the BRIC economies?
A) Cars which have become less preferable in developed economies may sell well in the BRIC economies.
B) More than 70 per cent of the driving age population in the BRICs owns a car.
C) The scope for car consumption in the BRICs is very limited.
D) Luxury cars form a large portion of the auto market in the BRICS.
Correct Answer:
Verified
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A) Privatization refers
Q50: The BRIC economies _.
A) face inelastic aggregate
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