Electric cars now consider the invention of cheap electric, Business Economics

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Electric cars now consider the invention of cheap electric

Electric cars: Now consider the invention of cheap electric vehicles.

Explain how you imagine the invention of cheap electric cars would affect the demand for gasoline? Why? Which determinant of demand or supply would be affected?

Show graphically with before and after curves on the same axes.

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Business Economics: Electric cars now consider the invention of cheap electric

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Business Economics: Electric cars now consider the invention of cheap electric

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