CH 2 CLASS A's pt 1.pdf - Chapter 2 Notes X General...

Info icon This preview shows pages 1–2. Sign up to view the full content.

Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Chapter 2 Notes X General DemaVnction: Qd=a+bP+CM+dPR+ET+fPe+gN ‘— unf‘l What happens to the demand for Audi A3 plug-in hybrid cars when each of the following changes occurs? n. - - ~ - . > . -4.» a) epriceofaPrIus hybrid rises P904“ :3 G. Awe. 1‘ SebaA A b) The price ofan Audi A3 hybrid rises. Etc.» .2 d. o. ‘ «oh 0.. ..§ Gé {, c) Personal income falls (hybrids are normal goods). M L; a) QA b v a \ d) A hotter than average summer weather pattern causes an increase in electricity rates. n~ "‘H .-\- “P kit: a M e) Congress is expected to dramatically increase federal tax credits for buyers of hybrids an QAUM V electric cars in the coming year. >2. 4/ ' on.) on. my kid kzzao. 11.333- 3.1.3. /.CD\41”(\J 0 IV ¢.‘fl \dlfl—AIO kda‘p I‘ll Idlw II. V I Js‘d .\ ”4 JJ;.u.Z OAw JP, Ohw aft-3+ 0 A0 ZM+ fi+§+fi§+§u+k¢+unu® cozomfim ESQ Lou. ucmEmU B mEm:_E_9mo ... co_wm:om_n_ ...
View Full Document

  • Spring '08
  • ISSE

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern