An Increase in Input Costs in the Production of Electric

question 6

Multiple Choice

An increase in input costs in the production of electric automobiles caused the price of electric automobiles to rise.Holding everything else constant, how would this affect the market for gasoline-powered automobiles (a substitute for electric automobiles) ?

• A)The supply of gasoline-powered automobiles would increase and the equilibrium price of gasoline-powered automobiles would decrease.
• B)The demand for gasoline-powered automobiles would increase and the equilibrium price of gasoline-powered automobiles would increase.
• C)The demand for gasoline-powered automobiles would decrease because consumers could afford to buy fewer gasoline-powered automobiles.
• D)The demand for gasoline-powered automobiles would increase and the equilibrium price of gasoline-powered automobiles would decrease.

---

Definitions:

Senses Words

Words that evoke sensory experiences, relating to sight, sound, touch, taste, or smell, enhancing descriptive writing.

Paralanguage

Paralanguage refers to the non-verbal elements of communication used to modify meaning and convey emotion, such as tone of voice, loudness, and pitch.

Nonverbal Communication

The process of conveying information between individuals through means other than spoken words, including body language, facial expressions, and gestures.

Back-Channeling

Back-Channeling is a conversational technique involving non-verbal cues like nodding or verbal affirmations like "uh-huh" to indicate active listening and encourage the speaker to continue.