If the Price of Hybrid Cars Declines by 70 Percent,the

question 25

Short Answer

If the price of hybrid cars declines by 70 percent,the quantity demanded will _____ and the demand for conventional gasoline engine automobiles will ______.

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Definitions:

Civil Law

The branch of law dealing with the definition and enforcement of all private or public rights, as opposed to criminal matters.

Society

Society is a group of individuals involved in persistent social interaction, or a large social group sharing the same spatial or social territory, typically subject to the same political authority and dominant cultural expectations.

Case Law

Law established by previous court decisions and based on precedent rather than statutes.

U.S. Constitution

The foundational document of the United States, establishing the framework of the federal government and outlining citizens' rights.