Technician a Says Diesel Engines Can Be Used in a Hybrid

question 17

Multiple Choice

Technician A says diesel engines can be used in a hybrid powertrain. Technician B says a gasoline engine is normally used in hybrid powertrain. Who is correct?

• A)A only
• B)B only
• C)both A and B
• D)neither A nor B

---

Definitions:

Inelastic Demand

A situation where the demand for a good or service changes very little in response to changes in price.

Cournot Model

A model of oligopoly in which firms choose their output levels simultaneously, assuming the output of the rivals as given, to maximize their own profit.

Collude

To come to a secret understanding for a harmful purpose; conspiracy between firms to fix prices or otherwise restrict competition.

Tacit Collusion

A situation where firms in a market understand each other's behaviors and outcomes without direct communication, leading to a form of non-competitive equilibrium.