--%>
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 the Character of Expenditure

    Character of Expenditure: A classification recognizing the major purpose of expenditure, like State Operations, Local Assistance, Capital Outlay, or Unclassified.

    		•
  • Q : Describe present value of the firms

    Describe the term "present value of the firm's operations" (also known as Enterprise Value). What does this number expose? The current value of the company's free cash flows reveals the market value of the firm's core income generating operatio

    		•
  • Q : Companies benefit most from stronger

    What type of U.S. companies would benefit most from a stronger dollar in the foreign exchange market? Describe. U.S. companies which import goods from other countries would benefit from a stronger dollar. More units of foreign currency could b

    		•
  • Q : Two Questions Question 1 An all equity

    Question 1 An all equity firm has a required return on its equity of 15%, has 10 million shares outstanding, and pays no taxes. The shares are currently trading at $6.00 each. The firm is planning to borrow $9 million at 5% interest rate and use the borrowed funds to buyback a portion of its equi

    		•
  • Q : Why banks make short-term or

    Banks desire to make short-term, self-liquidating loans to businesses. Why? Banks desire to be able to illustrate where the funds are likely to come from such that the borrower is capable to employ to make the req

    		•
  • Q : Retiring an internally held debt and

    Normal 0 false false

  • Q : Describe significance of excess reserves

    Normal 0 false false

  • Q : What is State Operations State

    State Operations (SO): It is a character of expenditure symbolizing expenditures for the support of state government, exclusive of capital investments and expenses for the local assistance actions.

    		•
  • Q : Influence of mergers and acquisitions

    What influence has mergers and acquisitions had on a customer's access to branches?A branch closing that has resulted from a merger require not necessarily mean a lost relationship. The cause a branch closes is usually the presence of a nearby b

    		•
  • Q : Describe Section 1.50 Section 1.50 : It

    Section 1.50: It is a section of the Budget Act which A) Identifies a certain style and format for the codes employed in the Budget Act, B) Authorizes the Department of Finance

    		•