If population doubles in size, what can be expected to happen to the market for automobiles? a. people will use fewer automobiles. b. people will buy more automobiles at any given price. c. automobile manufacturers will decrease supply. d. the price of automobiles will decrease. none of the above will happen.

If population doubles in size, what can be expected to happen to the market for automobiles? a. people will use fewer automobiles. b. people will buy more automobiles at any given price. c. automobile manufacturers will decrease supply. d. the price of automobiles will decrease. none of the above will happen.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter3: The Market And Price System

Section: Chapter Questions

Problem 15E

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