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Country X has been experiencing an upward trend in the price of petrol as a result of a rise in inflation. State four steps that can...

      

Country X has been experiencing an upward trend in the price of petrol as a result of a rise in
inflation. State four steps that can be taken to minimize expenditure on this product

  

Answers


Davis
i. Pooling people who are traveling to same direction
ii. Use of alternative sources of energy/footing/bicycled
iii. Encourage public service vehicles with higher carrying capacity/fuel
saving engine
iv. Encourage use of vehicle/machines with a lower engine capacity /fuel
saving engine
v. Set maximum price legislation
vi. Reduce tax on the product/subsidies
Githiari answered the question on September 22, 2017 at 23:19


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