Answer to Question #300348 in Economics for hey

Question #300348

why will demand for cars increase in the future? why demand for cars will decrease in the future?

1
Expert's answer
2022-02-20T16:19:30-0500

The demand for cars will decrease in the future, if people will need less cars in their lives (change in tastes), decrease in income, increase in prices for fuel.

The demand for cars will increase in the future, if people will need more cars in their lives (change in tastes), increase in income, decrease in prices for fuel.


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