If Consumers Buy a Large Number of Plug-In Electric Cars,the

question 239

Multiple Choice

If consumers buy a large number of plug-in electric cars,the equilibrium price of electricity will ________ and the equilibrium quantity of electricity will ________.

• A) rise; increase
• B) rise; decrease
• C) fall; increase
• D) fall; decrease
• E) not change; increase

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Definitions:

Workplace

A location or environment where people are employed to perform tasks or duties for a business or organization.

Schools

Institutions designed for the teaching of students under the direction of teachers, providing education and learning environments.

Home

A place where an individual or family lives, providing physical shelter and emotional warmth.

Experienced Death

Having encountered or dealt with the death of a loved one or having a personal near-death experience.