Which of These Factors Is MOST Likely to Increase the Price

question 54

Multiple Choice

Which of these factors is MOST likely to increase the price elasticity of demand for plug-in electric cars?

• A) decrease in the price of gasoline
• B) significant decrease in the price of plug-in electric cars
• C) reduction in the time needed to make a decision on a car purchase
• D) increase in the number of car companies producing plug-in electric cars

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Definitions:

Neurotransmitter

Chemical messengers used by the nervous system to transmit messages between neurons or from neurons to muscles.

Hormones

Chemical messengers produced by the endocrine glands that are released into the blood to affect target organs.

Emotional Outbursts

Sudden, extreme expressions of strong emotion that are often disproportionate to the situation at hand, sometimes resulting from stress, frustration, or other intense feelings.

Parkinson's Disease

A progressive neurological disorder characterized by motor symptoms such as tremors, rigidity, and bradykinesia, due to the loss of dopaminergic neurons.