Question: Exercise 2 . 2 Enterprise Rental Car Co . usually charges higher prices for SUVs with one - day return than for subcompacts with one

Exercise 2.2
Enterprise Rental Car Co. usually charges higher prices for SUVs with one-day return than for subcompacts with one-day return. However, with gasoline prices above $3 per gallon, one day rental prices for SUVs and subcompacts have been lowered to $35 and $39, respectively.
Which of the following statements is correct?
When gasoline prices rise, the demand curves for rental cars shift downward.
When gasoline prices rise, the demand curves for rental cars shift upward.
Exercise 2 . 2 Enterprise Rental Car Co . usually

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