Adyson Garrison

Business

5 April, 20:53

An increase in input costs in the production of electric automobiles caused the price of electric automobiles to rise. Holding everything else constant, how would this affect the market for gasoline-powered automobiles (a substitute for electric automobiles) ?

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “An increase in input costs in the production of electric automobiles caused the price of electric automobiles to rise. Holding everything ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

What involves special devices that steal your credit card or debit card information when you use the card for a purchase?

What percentage of new businesses fail in the 1st year

An ethical issue is an identifiable problem, situation, or opportunity that requires a person or organization to choose from among several actions that may be evaluated as ethical or unethical. True / False.

When a customer purchases merchandise inventory from a business organization, she may be given a discount which is designed to induce prompt payment. Such a discount is called a (n) trade discount. nominal discount. enhancement discount.

In computing depreciation, salvage value isa. the fair market value of a plant asset on the date of acquisition. b. subtracted from accumulated depreciation to determine the plant asset'sdepreciable cost. c.

New Questions in Business

For most firms, the major difference between accounting profit and economic profit is that a. accounting profit omits the salaries of managers, and therefore, it is generally greater than economic profit. b.

Fuzzy Monkey Technologies, Inc., purchased as a long-term investment $220 million of 8% bonds, dated January 1, on January 1, 2021. Management intends to have the investment available for sale when circumstances warrant.

Messersmith Company is constructing a building. Construction began in 2020 and the building was completed 12/31/20. Messersmith made payments to the construction company of $3000000 on 7/1, $6300000 on 9/1, and $6000000 on 12/31.

A client in the 28 percent marginal tax bracket is comparing a municipal bond that offers a 4.8 percent yield to maturity and a similar risk corporate bond that offers a 6.55 percent yield. Which bond will give the client more profit after taxes

Total fixed costs for Taylor Incorporated are $ 240 comma 000. Total costs, including both fixed and variable, are $ 400 comma 000 if 171 comma 000 units are produced. The variable cost per unit is A. $ 3.74 /unit. B. $ 1.40 /unit. C. $ 0.94 /unit.