--%>
Assignment Help - homework help

Supply of automobile tires

What influence will each of the following have on the supply of automobile tires?

a. A technological advance in the methods of generating tires.

b. A decline in the number of firms in the tire industry.

c. A raise in the price of rubber utilized in the production of tires

d. The expectation that the equilibrium price of auto tires will be lower in the future than this is currently.

e. A decline in the price of large tires utilized for semi-trucks & earth hauling rigs (with no alter in the price of auto tires).

f. The levying of a per-unit tax in each auto tire has been sold.

g. The granting of a 50-cent-per-unit subsidy for each auto tire generated.

E

Expert

Verified

Supply enhance in (a), (d), (e), and (g); decreases in (b), (c), and (f).

   Related Questions in Finance Basics

  • Q : What is Local Assistance Local

    Local Assistance (LA): The character of expenditures prepared for the support of local government or other locally administered actions.

    		•
  • Q : Define the term Program Cost Accounting

    Program Cost Accounting (PCA): The level of accounting which identifies costs by activities executed in achievement of a purpose in contrast to the traditional line-item format. The aim of accounting at this level is to generate cost data adequately a

    		•
  • Q : What is Budget Revision Budget Revision

    Budget Revision (BR): A document, generally approved by the Department of Finance, which cites a legal authority to authorize a modification in an appropriation. Usually, BRs either raise the appropriation or make adjustments to the groups or programs

    		•
  • Q : Equilibrium GDP for this hypothetical

    Normal 0 false false

  • Q : Explain Plan of Financial Adjustment

    Plan of Financial Adjustment (PFA): This is the plan proposed by a department, accepted by the Department of Finance, and acknowledged by the State Controller's Office (SCO), to allow the SCO to assign costs paid from one item to one

    		•
  • Q : Define the term Unencumbered Balance

    Define the term Unencumbered Balance: It is the balance of an appropriation not so far committed for particular purposes.

    		•
  • Q : Describe factors affecting minimum cash

    Describe the factors affecting the option of a minimum cash balance amount. The minimum cash balance amount is find out by how easy it is to increase funds when needed, how predictable the cash flows are, and how risk averse managers are.

    		•
  • Q : State statement of cash flows State

    State three major sections of the statement of cash flows? Cash flows from investing activities Cash flows from Operations Cash flows from financing activities Net change in cash balance Cash balance at beginning of period

    		•
  • Q : Describe value investing Value

    Value investing is an investment strategy which involves buying securities whose shares appear underpriced by some form(s) of fundamental analysis, like stocks with low Price to Earning or Price to Book value. This strategy basically is of buying stoc

    		•
  • Q : Define Expenditure Expenditure : The

    Expenditure: The expenditures reported on a department’s annual financial reports and “past year” budget documents comprises of amounts paid and accruals (comprising encumbrances and payables) for obligations made for the fiscal year

    		•