Why equilibrium price of suvs be lower than equilibrium


Gasoline prices above $3 pre gallon have affected what enterprise rental car co can charge for various models of rental cars. suvs are @37 with one day return and subcompacts are #41 with one day return. why would the equilibrium price of suvs be lower than the equilibrium price of subcompacts.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Why equilibrium price of suvs be lower than equilibrium
Reference No:- TGS041262

Expected delivery within 24 Hours