Which of the following is a determinant of supply in the market for car rentals?
Gas prices.
Population.
Consumer tastes.
Airline ticket prices.
Expectations concerning future prices.
Answer:
Gas prices.
Airline ticket prices
why are you trying to get others to do your homework? your questions are clearly from homework.
Answer: Gas prices
The reason is that the price of gas is an input of supply.
Population, consumer tastes, and expectations about prices affect the demand curve.
And why not airline prices? Because it's a substitute and prices of a substitute will always shift demand like the other wrong answers.
This question obviously is a homework question.
Go do your homework and call your local car rental agency, they will be more than delighted to help.
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