Question

In order to decrease fuel consumption in the US, the EPA (Environmental Protection Agency) has raised standards for fuel efficiency on cars sold here. One economic assumption made by the EPA is that, since our economic system is mostly market based,

Answer 1

Here is the answer that would best complete the given statement above. In order to decrease fuel consumption in the US, the EPA (Environmental Protection Agency) has raised standards for fuel efficiency on cars sold here. One economic assumption made by the EPA is that, since our economic system is mostly market based, CONSUMERS WILL SHOP FOR MORE FUEL-EFFICIENT CARS. Hope this helps.