Question

When oil prices go up, we tend to see less investment by consumers in _____________________.

Question 17 options:

solar energy


biofuels


electric cars


larger vehicles with larger motors

Answer 1

Answer:

larger vehicles with larger motors

Explanation:

Rising oil prices will cause consumers to reduce consumption for larger vehicles with larger engines. This is because a vehicle with large engine consumes more oil-derived, increasing the cost of use of the vehicle. That is, it will be more costly for the consumer.