--%>
Assignment Help - homework help

Arises automobile prices

Assume you came across the given headline in a story of a daily newspaper: "Automobile prices are so high right now that there have to be a shortage. As a result not everyone who needs an automobile will be capable to buy one." Is this statement correct?
First of all we ought to conclude that all buyers who desire to buy automobiles at the prevailing prices will be capable to do so. Of course there will be others who are just unwilling or unable to pay the current price. Second, we cannot say that there is a shortage at the present price. If there were then the price would merely rise to choke of the excess demand.

   Related Questions in Biology

  • Q : Circulatory system in annelids Name the

    Name the kind of circulatory system existed in annelids?

    		•
  • Q : Sources of Phosphorus What are the

    What are the significant sources of Phosphorus?

    		•
  • Q : What is Computer Integrated

    Computer Integrated Manufacturing (CIM): It is a combination of separate applications, like computer aided design (abbreviated as CAD), computer aided engineering (abbreviated as CAE), and computer aided manufacturing (abbreviated as CAM), robotics, a

    		•
  • Q : Haversian canals and Volkmanns canals

    Give a brief description of Haversian canals and Volkmann’s canals of bones? Is osseous tissue vascularized?

    		•
  • Q : Explain Production Plans or Schedules

    Production Plans/Schedules: Production plans or production scheduling is a word which covers all aspects of operations, from workforce actions to product delivery. Production planning is nearly exclusively seen in manufacturing atmospheres; though, mo

    		•
  • Q : State the germ layer from which coeloms

    State the germ layer from which coeloms initiate?

    		•
  • Q : Protease-supplying cells Why

    Why protease-supplying cells of stomach and of pancreas make only precursors of active proteolytic enzymes?

    		•
  • Q : Define Organizational Culture

    Organizational Culture: It is a concept introduced by researchers to elucidate the values, attitudes, psychology, beliefs, and experiences of the organization. Usually speaking, it is vision as the shared norms and values of individuals and groups in

    		•
  • Q : Fundamental versus Technical analysts

    Fundamental vs. Technical analysts: Fundamental analysts believe that there is an intrinsic value for a stock market, various industries and individual securities and that these values dep

    		•
  • Q : Help What are 4 main difficulties that

    What are 4 main difficulties that had to be solved with this evolution? How were they solved?

    		•