Question

Gasoline cars are still very popular with consumers. Oil and car companies have significant resources to invest in other technologies such as electric and solar to power automobile engines. However, investment in electric and solar would divert resources from developing gasoline cars further, impact profits in this area, and could be very costly.

Answer 1

Gasoline cars are popular due to factors like affordability and convenience, but there is growing interest in electric and solar-powered cars. Investing in alternative technologies may divert resources and impact profits in the gasoline car industry. The decision to invest in electric and solar-powered cars involves weighing the benefits and drawbacks.

Step-by-step explanation:

Gasoline cars are still popular with consumers due to a combination of factors such as affordability, convenience, and availability of infrastructure. However, there is increasing interest in electric and solar-powered cars as a more sustainable and environmentally friendly alternative. Despite the significant resources of oil and car companies, investing in electric and solar technologies may divert resources from gasoline car development and impact profits in that area. Additionally, the cost of transitioning to electric and solar-powered cars is a significant consideration. Therefore, the decision to invest in these alternative technologies involves weighing the potential benefits against the potential drawbacks.