If a city were to ban the use of automobiles within its city limits, we would expect
A) the demand curve for automobiles to shift to the left.
B) people to move to another city.
C) the demand curve for bicycles to shift to the left.
D) the demand curve for automobiles to remain the same.
A
You might also like to view...
"To each exactly the same" refers to
A) the productivity standard. B) the free market doctrine. C) the egalitarian principle. D) the Lorenz curve.
Food and clothing tend to have
a. small income elasticities because consumers, regardless of their incomes, choose to buy relatively constant quantities of these goods. b. small income elasticities because consumers buy proportionately more of both goods at higher income levels than they buy at low income levels. c. large income elasticities because they are necessities. d. large income elasticities because they are relatively inexpensive.