Over the last five years, technological improvements have significantly reduced the cost of manufacturing and operating electric-powered cars. Nevertheless, the cost per gallon of gasoline at which it would become more economical to operate an electric car than a regular gas-powered car has remained unchanged.
Which of the following, if true, would do the most to explain why electric cars have become cheaper to operate but break-even point between electric and gas cars has not changed?
a. The price per gallon of gasoline has dropped by 25% over the last five years.
b. Electric-car manufacturers have managed to reduce production costs despite an increase in some raw material prices.
c. Improvements in aerodynamics have made regular gas-powered cars more efficient to operate.
d. Relative to the number of gas-powered cars, there are very few electric cars on the road today.
e. When the price of gasoline rises, more people are willing to take public transportation to work.
[spoiler]Source : Kaplan Test1 , OA later[/spoiler]
Which of the following, if true, would do the most to explain why electric cars have become cheaper to operate but break-even point between electric and gas cars has not changed?
a. The price per gallon of gasoline has dropped by 25% over the last five years.
b. Electric-car manufacturers have managed to reduce production costs despite an increase in some raw material prices.
c. Improvements in aerodynamics have made regular gas-powered cars more efficient to operate.
d. Relative to the number of gas-powered cars, there are very few electric cars on the road today.
e. When the price of gasoline rises, more people are willing to take public transportation to work.
[spoiler]Source : Kaplan Test1 , OA later[/spoiler]
I am on a break !!
