Question

As electric cars have become more acceptable to drivers, more companies are building and selling such cars. What would we expect to see happen to prices of electric cars in the future?

a. Prices for electric cars will rise in the future as more companies produce these cars.

b. Prices for electric cars will rise in the future as more consumers are willing to purchase these cars.

c. Prices for electric cars will rise in the future if rental car companies buy more electric cars in bulk.

d. Prices for electric cars will fall in the future as more companies produce these cars.

e. Prices for electric cars will be unaffected by their growing popularity.

Answer

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