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Question
An increase in the price of electricity will cause an ______.
Options
Increase in the demand for solar heaters
Decrease the demand for solar heaters
Increase in the demand for Geysers
None of the above
Solution
An increase in the price of electricity will cause an Increase in the demand for solar heaters.
Explanation:
An increase in the price of electricity makes electric appliances like geysers more expensive to use. As a result, consumers may look for alternative solutions that do not rely on electricity, such as solar heaters. Therefore, the demand for solar heaters, which are substitutes for electric geysers, would likely increase.
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