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Will An increase in the price of steel will shift the supply of cars to the right?
No, an increase in the price of steel will not shift the supply of cars to the right; rather, it will likely shift the supply curve to the left. This is because steel is a key input in car manufacturing, and higher steel prices increase production costs for car manufacturers, leading to a decrease in the quantity of cars supplied at any given price. Consequently, the overall supply of cars in the market would decrease, not increase.
Supply and demand graph curve of hybrid cars?
supply and demand curve for hybrid vehicles
What factors are causing the decrease in the supply of used cars?
(i) As cars have very elastic demand, this means that if price falls then automatically demand for cars will rise. And, if prise rises, demand for cars will fall. (ii) If income rises, then demand for the product will rise as consumers' purchasing power will increase. (iii) It also depends on fashion altogether with the taste of the product. Fashion will influence demand of cars. (brands, etc) (iv) Government policies affect demand for cars, taxes and subsidies will either increase/decrease demand. (v) Hire purchase facilities will increase demand for cars as it will facilitate customers when paying for the good. I would add one more very crucial factor that influences the demand for cars is the current price of petrol/diesel and the respective mileage offered by the model.
If automobile workers went on strike causing a decreased supply of cars the supply curve would shift inward to the left and?
there would be an eventual upward movement along the demand curve, reestablishing equilibrium
If automobile workers went on strike causing a decreased supply of cars the supply curve would shift inward to the left and .?
there would be an eventual upward movement along the demand curve, reestablishing equilibrium
How does the increase in cars affects your fresh water supply?
because of the polution
Do cars breathe?
Yes. Cars breathe. They draw air into the combustion chambers to operate. If you cut off the air supply, the engine will stop. Improvements to the engine's breathing will increase power and economy.
Can you negotiate the sticker price on a used car?
Yes, of course, they need to move cars!
What are the factors affecting supply of cars?
Demand
What is the camparsion of 88 cars in 2012 and 90 cars in 2013?
An increase of 2 cars per year.
Supply and demand graph curve of hybrid cars?
supply and demand curve for hybrid vehicles
At a club fundraiser a group of students washed 128 cars in one weekend The next weekend they washed 192 cars What was the percent increase in the number of cars washed?
The increase was 50%
How are interest rates being affected in the auto industry?
Higher interest rates mean that the demand for cars have increased, due to an increase in consumer demand. Lower interest rates mean that there is a lower demand and the FOMC is lowering the rates to increase consumer demand. Lower rates, however could also increase the demand for cars. This is why the Feds have to higher the interest rates, to ensure that the supply and demand are at an equilibrium point.
What are examples of joint supply?
joint supply is when the production of one good also results in the production of another. an example of this would be steel and cars. if there is more production of steel, there can be a greater production of cars, as steel is used in the manufacturing of cars.
Why do cars have so much horsepower?
supply and demand, it sells
What are some negative effects of the increase in automobiles?
cars
How can I increase my web traffic?
steal some of the cars
