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Chapter 3: Q. d - For Critical Thinking (page 57)

How could laws that ban tips causeareduction in the quality of the delivery

of services?

Short Answer

Expert verified

Fall in demand.

Step by step solution

01

Step1. Given information

Natural gas price has declined significantly.

02

Step2. Explanation

Since natural gas is a substitute for other sources of energy like coal and nuclear power, a fall in price of natural gas will hamper the demand for other sources. Therefore, like coal, demand for nuclear power will fall in US, Russia and China.

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