Multiple Choice
Throughout the 1990s, the price of four- wheel drive vehicles rose and each year more were purchased. This experience suggests that there were
A) rightward shifts in the demand curve for four- wheel drive vehicles.
B) movements leftward along the supply curve of four- wheel drive vehicles.
C) technological advances in the way four- wheel drive vehicles are produced.
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
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