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Which of these would be considered by economists to be a good?

automobile, a clown at a party


What is the market structure of the steel automobile industry?

That would be an oligopoly.


Industry structure is often measured by computing the Four-Firm Concentration Ratio. Suppose you have an industry with 20 firms and the CR is 30. How would you describe this industry?

Industry structure is often measured by computing the Four-Firm Concentration Ratio. Suppose you have an industry with 20 firms and the CR is 30. How would you describe this industry?


What Midwestern city became the center of the automobile industry?

That would be Detroit, Michigan. Detroit became the center of the automobile industry largely because of the many steel mills that were already there, which meant less cost in transporting the needed material.


What adjective would you use to describe Henry ford why?

I would describe Henry Ford as "innovative." He revolutionized the automobile industry by introducing assembly line production, which significantly lowered costs and increased efficiency. His forward-thinking approach not only made cars accessible to the masses but also transformed manufacturing processes across various industries. Ford's vision for affordable transportation changed the landscape of American society and economy.


How do you make catalytic converter?

Unfortunately, you would need access to automobile industry equipment, in other words, a catalytic converter is made with stamped stainless steel.


What is a typical example of an industrial machine used in the automobile industry?

One typical example of an industrial machine used in the automotive industry would be a press. The press is used to stamp parts, mainly body components, from sheets of steel.


Why would a person choose to become an economists?

like to know about economics


What training is available through NADA?

NADA U, National Automobile Dealers Association University, has training for automotive dealerships in sales, service, management, industry trends, and any other topic that would be needed to run a successful automobile dealership. They also offer customized programs.


Is motorbikes an automobile?

No, a motorbike would be a motorcycle or dirt bike type of thing. Or a bicycle with a engine. A automobile would be a car, truck or semi. But it could possibly be a automobile if you think about it, but i'd say no.


If an automobile had a 100 efficient engine would it exhaust the surroundings?

f an automobile had a 100 efficient engine would it exhaust the surroundings?


Which social scientist would most likely study the artifacts from these ruins?

Archaeologist