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ELEN [110]
3 years ago
5

a large increase in gas prices creates a demand for cars with good gas milage. It takes months for car companies to make these c

ars. How do you describe this market for cars
Social Studies
1 answer:
Assoli18 [71]3 years ago
7 0

A large increase in gas prices creates a demand for cars with good gas milage. It takes months for car companies to make these cars.This market for cars can be described as inelastic.

This happens when a change in price leads to a smaller percentage change in demand. It is inelastic  because In the short-run it takes time for consumers to look for alternatives.


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3 years ago
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solmaris [256]
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</span>Evidence is likewise alluded to as help or certainties. Evidence is only that: certainties. Not at all like cases, realities are undeniable. You may have heard the excess expression "true facts." The expression is repetitive on the grounds that all realities are valid: that is the thing that makes them actualities. Evidence is the thing that you use in enticing composition to help the cases that you exhibit. Hope this helps!
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