CHECK THESE SAMPLES OF Why Is Fuel Economy Important
Vehicles powered by petrol engines appear to have far more potential than those with diesel engines for achieving improvements in fuel economy.... An et al note that fuel economy standards can be of various forms such as liters of fuel consumed per hundred kilometers of distance traveled or kilometers traveled per liter of vehicle fuel The global average vehicle fuel consumption hovers around 8L/100 km corresponding to 29.... he regulations regarding fuel economy followed by the four largest automobile markets, namely, the US, the EU, Japan, and China differ significantly from each other(An et al,2011,p4)....
39 Pages
(9750 words)
Literature review
It is important to note that mergers lead to anticompetitive effects because more power is given to merged companies who are able to increase prices above competitive level.... This is an important fact from standpoint of economy - fuel has price-inelastic demand in the short run.... Increased gasoline prices have a huge impact on the economy because of the heavy reliance on motor vehicles in developed countries.... To understand the importance of gasoline for the national economy, it is essential to look at the market....
6 Pages
(1500 words)
Essay
Additionally, the use of aerodynamic equipment also eases the pressure from the vehicle engine and enables utmost fuel economy (U.... It is believed that proper establishment of trailer/tractor within the new rigs will also add extensive fuel economy of the vehicles.... Besides, operating the trucks with ‘full-cab roof fairing' might also help in reducing the fuel consumptions of the trucks by 15% further ensuring utmost fuel economy of the vehicles....
6 Pages
(1500 words)
Research Paper
nother distinct advantage that is very important for the world economy is the improvement in efficiency of the production processes which leads to a proper allocation of available resources.... One of the important aspects of free trade is to contribute to the growth of the world economy in all possible ways.... et another important element of the global economy is the availability of adequate employment opportunities in all the countries across the world....
5 Pages
(1250 words)
Essay
The paper "Importance of fuel economy" presents different studies and researches undertaken by different groups regarding the importance of fuel economy.... For that matter, fuel economy is one of the concepts that are receiving attention in the present era.... Running Head: Importance of fuel economy A Paper on the Importance of fuel economy In APA Style Introduction Fuel of any type is one of the most significant factors in the national and international markets and the different process within which it is concerned and connected is of great economic importance....
6 Pages
(1500 words)
Report
, which is a major economic hub, it is important to develop strategies and policies to discover and implement other methods to carry out economic activities without depleting natural resources.... However, it is important that sustainable improvement should likewise be congruous.... , which is a major economic hub, it is important to develop strategies and policies to discover and implement other methods to carry out economic activities without depleting natural resources....
8 Pages
(2000 words)
Coursework
More important, due to its non-depletion nature, it is the energy for our future generation.... Thereby the energy projects keep money circulating within the local economy.... Fossil fuel includes coal, natural gas, and oil.... Renewable energy covers more land unlike fossil fuel machines.... Whereas, with fossil fuels, the fuel formation process cannot take place at the rate to meet the needs of the current and the future energy demands....
6 Pages
(1500 words)
Case Study
Inflation, which is characterized by a constant increase in the prices of goods and services, is also an important factor as far as Phillip's curve is concerned.
... t is important to note that economic instruments and targets always operates in pair, since adoption of any policy using some specific instrument is aimed at achieving some target as indicated above.... nvestment is a very important economic growth mechanism and the classical economist had their view wit the graph above....
8 Pages
(2000 words)
Essay