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by sobellian
29 days ago
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You're probably thinking about jevons paradox. But you slightly mis-stated. It is the phenomenon that increasing the efficiency of resource consumption can end up increasing total consumption. As you stated it, it would merely be a property of (nearly) all demand curves. Jevons paradox only happens sometimes. It isn't a law. |
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Generally when someone replaces their vehicle the new one is more fuel efficient than the old one even if I bought the same car.