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Answer :
Final answer:
A decrease in the cost of batteries for electric and hybrid vehicles is expected to lead to a decrease in their manufacturing cost, potentially making them more affordable for consumers. Hence option a Manufacturing cost of electric and hybrid cars will decrease is correct.
Explanation:
As the price of batteries for electric and hybrid cars declines, we can expect that the manufacturing cost of these vehicles will decrease. The batteries, being one of the largest cost components, directly influence the overall cost of production. With reduced expenses on the battery pack, there could be a more affordable market offering for consumers interested in electric and hybrid vehicles. This is supported by the fact that electric vehicles are becoming more common in the market due to continuous improvements in battery technology, such as the shift from nickel metal hydride to lithium-ion batteries, which are favored for vehicle propulsion due to their superior performance and higher energy density compared to traditional lead-acid batteries.
While the question hints at other aspects such as performance, environmental impact, and gas prices, the primary effect of a battery price reduction is typically seen in lower manufacturing costs, which in turn may lead to lower retail prices for electric and hybrid vehicles. Performance may also improve as technology advances, but this is not directly related to the cost of the batteries. Similarly, the environmental impact of these vehicles largely depends on the sources of electricity used to charge them and the production processes of the batteries themselves, not just the cost. The price of gasoline is influenced by a variety of market factors and is not directly correlated with the cost of batteries for electric vehicles.
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