The Prices on Hybrid, Plug-In Hybrid, and All-Electric Cars Are

question 10

Multiple Choice

The prices on hybrid, plug-in hybrid, and all-electric cars are high because of the high cost of their ____.

• A) batteries
• B) technology
• C) fuel cells
• D) production
• E) ultralight and ultra-strong composite materials

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Definitions:

Microsoft

A multinational technology company known for its software products, including the Windows operating system and the Office suite.

Internet Explorer

A discontinued web browser developed by Microsoft, once dominant but replaced by newer technologies.

Tacit Collusion

A situation where firms in an oligopoly indirectly coordinate actions without explicit agreement, typically leading to price setting or market sharing that benefits all involved parties.

Ergonomics Regulations

Standards and laws designed to improve safety, comfort, and efficiency by optimizing the design of products and environments for human use.