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Topic: Business
Number of pages / Number of words: 3 / 765
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There were also incentives such as the privilege of driving in HOV lanes that were previously dedicated to car poolers and special tax breaks for owners of hybrid vehicles. Societal influences helped shape the preference or taste of consumers. The increased demand for hybrid vehicles and decreased supply created a market that was in equilibrium (Colander, 2006)...


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Societal influences helped shape the preference or taste of consumers. The increased demand for hybrid vehicles and decreased supply created a market that was in equilibrium (Colander, 2006).

Prices of hybrid vehicles are a couple of thousand dollars higher than the price of non-hybrid vehicles. Furthermore, the prices of the vehicles are not negotiable because of the high demand...


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General points of the essay

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