Why would equilibrium cost of suvs such as ford explorers, Ask an Expert

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Q. Gasoline costs above $3 per gallon have affected Illustrate what Enterprise Rental Car Company can charge of various model of rental cars. SUVs are $37 with one-day return and subcompacts are $41 with one-day return. Why would equilibrium cost of SUVs such as Ford Explorers and Chevy Trailblazers be lower than equilibrium cost of subcompacts?

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Business Economics, Economics

Category:- Business Economics
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