read the article that you find at the link http://bit.ly/2Nf880f and then answer

Question

read the article that you find at the link

http://bit.ly/2Nf880f

and then answer the following questions.

9.   Suppose the government implements the policy described in the article. What do you expect is most likely to happen in the market for electric and hybrid vehicles? A.  Only demand would shift to the right B.  Only demand would shift to the left C.  Only supply would shift to the right D.  Only supply would shift to the left E.  Both demand and supply would shift to the right F.  Both demand and supply would shift to the left G.  Demand would shift right and supply would shift left H.  Supply would shift right and demand would shift left

Explanation / Answer

The demand curve of the electric vehicle and hybrid vehicles will shift to the right. The price and equilibrium quantity will increase as a result. The demand shift will increase the price of the hybrid and electric vehicles.

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