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Answer:
Explanation:
Research has shown that electric cars are better for the environment. They emit less greenhouse gases and air pollutants over their life than a petrol or diesel car. This is even after the production of the vehicle and the generation of the electricity required to fuel them is considered.
Market Equilibrium refers to a situation where the <u>goods </u><u>supplied </u><u>by producers is </u><u>equal </u><u>to the </u><u>goods demanded </u><u>by consumers. </u>
<h3>Market Equilibrium </h3>
- At this price, the market is balanced in that goods supplied equal goods demanded.
- When there is no market equilibrium, there will either be surpluses or deficits.
Market Equilibrium is important in a market because it allows for a balanced market which allows for the efficient transfer of goods and services.
Find out more on market equilibrium at brainly.com/question/12252562.
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