Multiple Choice
Select the example of the Jevons paradox.
A) Countries with the largest fossil fuel reserves tend to provide fewer public goods and invest less in new energy technologies compared to countries with fewer resources.
B) The increased energy efficiency of hybrid vehicles does not translate into additional miles driven because consumer behavior is influenced more by daily routine than cost.
C) LED lighting is cheaper to operate than traditional bulbs; however, this savings leads to increased usage of LED lighting and greater overall energy consumption.
D) As the cost of an inferior good rises, so does the consumption of that inferior good because preferable options become even less affordable.
Correct Answer:

Verified
Correct Answer:
Verified
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