What will be the impact on the market for hybrid cars

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Problem: Assume that on June 6 the Provincial government announced that to encourage a reduction in carbon emissions the government will provide a $5,000 rebate on all new hybrid cars (cars that can operate with alternative fuels) purchased after June 30. What will be the impact on the market for hybrid cars during the period from June 6 to June 30?

Reference no: EM133661680

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