We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Assignment Example

Comments (0)
Summary
For the car manufacturing industry, land would include the physical premises, owned or rented by the company, where the factory for the company is situated. Labor would be the skilled workforce that…
Download full paper
GRAB THE BEST PAPER
Assignment
Read TextPreview

Extract of sample

Download file to see previous pages... For example, the electricity bills of the factories or the taxes paid on land are fixed costs because even if no production takes place in the factories, these costs would still be incurred.
Variable costs, on the other hand, are those costs that are directly related to the number of units produced (Case & Fair, 2007). For example, depending on the number of cars produced, the variable costs would differ because for every additional car produced, the company would incur costs in components such as doors, engines, glasses, mirrors, seats, etc.
As the demand of new cars increases, the demand curve shifts to the right (D1). This means that for the same price (P0), a higher quantity of cars (Q1) would be demanded. As a result, firms can observe higher profits by increasing the price, which in return causes the demand to decrease until the intersection of D1 and S0 is reached. At this point (E*), the market is in equilibrium.
As demand for new cars increased and demand for used cars decreased, firms would decrease prices of the used cars to increase sales. Therefore, overall, the price and output of used cars would decrease.
An obvious opportunity cost for funding the Scrappage Scheme is that the government could have used that money on other areas of the transport industry. For instance, if the government observed a decline in the number of cars purchased, due to recession and increasing fuel prices, it could have made investments to boost the public transport sector and could have promoted the usage of public transport and created more job opportunities there.
There are many reasons why PED for cars is likely to be more elastic in large cities. Firstly, the larger cities, such as London, are economic hubs of UK and they have a good infrastructure present. These places offer a large of substitutes for cars to the consumers. There are many forms of public transports available, for example. The consumers can ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Assignment
With time, people have learnt the many benefits that globalization has brought, from the improvement of the relationship among countries to improvement of the transport sectors in various countries. It has enabled the development of countries that were termed as third-world and second-world ones to be of a higher level.
5 Pages(1250 words)Assignment
Assignment
Coping strategies differ with personal attributes, situational factors and availability of these strategies to expatriates. On this basis, authors have tried to determine how time of
3 Pages(750 words)Assignment
Assignment
Key Alternatives: Andreas can choose between to leave the job and hunt for a new job with similar position in other companies while looking after his family including children and parents. Or else he could
1 Pages(250 words)Assignment
Assignment
CEOs are not solely responsible for the company’s liabilities, since they are part of its staff. Thus, such CEOs should receive their full payment according to
1 Pages(250 words)Assignment
Assignment
Ryan is supposed to pay the Company because he had breached a contract. In respect of Restatement (Second) of Contract 241 (1981) clause the case has all elements of breach of contract. Mr. Ryan will have to pay the Company 10 % plus the
1 Pages(250 words)Assignment
ASSIGNMENT
tical risk arises from the fact that a sovereign country can change the “rules of the game” and the affected parties may not have effective recourse” (Eun and Resnick). The post of Susan is correct and she has also provided the definition of expropriation, which strongly
1 Pages(250 words)Assignment
Assignment
Molecules at S0, S1, and S2 have distinguishing characteristics. It can also be studied in an ESP spectroscopy. It involves electronically exciting and quenching a molecule. Polarization helps in identification of
1 Pages(250 words)Assignment
Assignment
From the two investment projects being considered by Canadian Metal Company, both have a positive net present value therefore in this case the investment that should be made is the one with a higher net present value which is the oil
1 Pages(250 words)Assignment
Assignment
" Issue: The legal question that was asked was whether Price Waterhouse had a valid reason for refusing Ann Hopkins a endorsement
1 Pages(250 words)Assignment
Assignment
may have cash tied in global sales hence increase the company’s borrowing base by considering the inventory and raw materials (Ambrose, Cheng & King, 2010). A good example is the Export-Import Bank of the United States, which is the official export credit bank in the U.S. Some
1 Pages(250 words)Assignment
Let us find you another Assignment on topic Assignment for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us