Electric Car Enthusiasts Want to Buy More Electric Cars at a Lower

question 27

Multiple Choice

Electric car enthusiasts want to buy more electric cars at a lower price.All of the following events would have this effect except

• A)technological advancement in the production of electric car batteries.
• B)an increase in the number of manufacturers of electric cars.
• C)a decrease in the price of lithium,which is used in the electric car batteries.
• D)an increase in the price of gasoline.

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Definitions:

Good Service

The provision of a high-quality and satisfactory service that meets or exceeds customer expectations in a business context.

Repeat Business

The act of customers returning to purchase goods or services from a business multiple times.

Repeat Business

The act of a customer returning to purchase products or services from a business multiple times, indicating satisfaction and loyalty.

American Management Association

A professional organization aimed at promoting management development and educational practices in the United States.