--%>

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 : Explain Appropriated Revenue

    Appropriated Revenue: The revenue which, as it is earned is reserved and appropriated for a particular aim. An illustration is student fees received by state colleges which are by law appropriated for the support of the colleges. The

  • Q : What is an Element Element : It is a

    Element: It is a subdivision of a budgetary program and the second stage of the program structure in the Uniform Codes Manual.

  • Q : Laffer Curveand its association to

    Normal 0 false false

  • Q : Describe time value of money Describe

    Describe time value of money?The time value of money means that money you have in your hand today is worth more than money you expect to obtain in the future. Likewise, money you have to pay out today is a greater burden than the similar a

  • Q : Explain Administration Program Costs

    Administration Program Costs: It is the indirect cost of a program, usually a share of the costs of the administrative units serving the whole department (example, the Director's Office, Personnel, Legal, Accounting, and Business Serv

  • Q : None what are the disadvantages of

    what are the disadvantages of working capital

  • Q : Global Economic Crises during 2007-2008

    Describe Global Economic Crises during 2007-2008 ?

  • Q : Define the term floor Floor: The

    Floor: The Assembly or Senate chambers or the word employed to explain the location of a bill or the kind of session. Matters might be termed to as “on the floor”.

  • Q : State Section 31.00 Section 31.00 : It

    Section 31.00: It is a Control Section of Budget Act which specifies some administrative procedures. For illustration, the section subjects to the Budget Act appropriations to different sections of the Government Code, restricts the new positions a de

  • Q : Explain Supplement-Schedule 7A

    Supplement (Schedule 7A): In such documents, for precedent year, authorized positions symbolize the number of real positions filled for that year. For present year, authorized positions comprise all regular ongoing positions accepted in the Budget Act