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The demand for gasoline would go down. (study islands)

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Nina Riesdorph

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Q: How would an increase in the number of people driving fuel efficient cars effect the marketplace?
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What is the difference between efficient and effect?

Efficient is an adjective that describes something that is performing in the best possible way, or is very economical. Effect is a noun that is the result of a cause or an illusion. Examples: 1) Her new appliances are very energy efficient. 2a) Driving for long periods of time gives John the effect of drowsiness. 2b) The special effects in the movie Avatar were amazing.


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If a price increase has little or no effect the demand for the product is?

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What is the output effect and the price effect for an oligopoly?

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