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If petrol prices double, what happens to the demand for diesel cars?

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प्रश्न

If petrol prices double, what happens to the demand for diesel cars?

अति संक्षिप्त उत्तर
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उत्तर

If petrol prices double, the demand for diesel cars is likely to increase because consumers may shift from petrol cars to diesel cars, which can be cheaper to operate.

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अध्याय 9: The Price Puzzle: What Drives the Market - Questions and activities [पृष्ठ २१०]

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एनसीईआरटी Social Science Understanding Society India and Beyond Part 1 [English] Class 9
अध्याय 9 The Price Puzzle: What Drives the Market
Questions and activities | Q 2. a. | पृष्ठ २१०
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