Before 1994, Most Automotive A/C Systems Used a Refrigerant Called

question 52

Essay

Before 1994, most automotive A/C systems used a refrigerant called ____________________.

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Definitions:

Substitutes

Goods or services that can replace each other in usage, such that an increase in the price of one leads to an increase in demand for the other.

Equilibrium Quantity

The quantity of goods or services supplied and demanded at the equilibrium price in a market.

Equilibrium Price

The price point in the market where the amount of products offered meets the amount of products wanted.

Demand

The level of demand for a good or service that purchasers have the desire and financial ability to acquire at varying prices over a designated period.