1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rus_ich [418]
3 years ago
8

A factor that most directly affects the demand for automobiles is

History
2 answers:
stepladder [879]3 years ago
7 0

The correct answer is individual preferences and tastes of buyers.

When there is increase in demand also the demand curve shifts. If there is a change in factor apart from price then the whole of demand curve shifts.

The income of consumers determines the demand of the commodity. Also prices which are related to goods and also preferences and tastes of the customer.

Demand for automobiles can be elastic where there can be  delay in buying a new vehicle.

Due to many substitutes the model for automobile can be highly elastic.

prohojiy [21]3 years ago
7 0

<em><u>The factor that most directly affects the demand for automobiles is the individual tastes and preferences of buyers. </u></em>

Further Explanations:

Demand is referred to as the economic principle showing the consumer’s desire to purchase goods and avail the services by paying the specified amount for that service. It is an obvious fact that the increase in demand occurs when there is a decrease in the price of the goods. Other factors are not considered much but the price is inversely proportional to the demand. Demand varies according to the prominent factors affecting the consumption and these variations are often handled by numerous Stocking strategies. In case when a customer tries to pay a minimal amount for the service at that time the supplier tries to maximize his profit by every means.  

In the case of automobiles, the factors that are directly affecting its demand are customers' tastes and preferences. A customer usually buys an automobile as per his requirement and price even though he finalizes his choice after satisfying that his requirement is fulfilled by his choice. We can also conclude that the sale also depends on the ability of the manufacturer to meet the demand of the buyer.

Learn more  

1. in a parliamentary system of representative democracy, the prime minister is appointed by the monarch. is elected by representatives chosen by the people. is the leader of the party that won the most seats in parliament. is elected directly by the people?<u>brainly.com/question/477236 </u>

2. how did the battle of Okinawa affect president Truman's decision to use the atomic bomb against Japan?

<u>brainly.com/question/1323522</u>

3. how did California differ from the united states in terms of interactions of whites and natives?

<u>brainly.com/question/7248802 </u>

 

Answer Details

Grade: High school

Subject: History

Chapter: Demand

Keywords: Demand, economic principle, consumers, specified amount, price, goods, inversely proportional, demand, prominent, Stocking strategies, automobiles, manufacturer.

You might be interested in
What was a major problem with the central government under the Articles of Confederation?
ddd [48]
Anti-Federalists complained that a strong central government would give too much power to the federal government while taking too much power from state and local governments.
3 0
3 years ago
Read 2 more answers
How did the first President Bush handle US-China foreign policy following the Tiananmen Square incident in Beijing? Bush took a
navik [9.2K]

Answer:  <u><em>Bush tried to play down the incident with Congress and the public in order to maintain an alliance with China on foreign trade and investment.</em></u>

Explanation: I just took the test and this is the correct answer...

3 0
3 years ago
What prevented roosevelt from responding to british appeals for help in 1940?
Aleonysh [2.5K]
FDR was limited in his ability to respond to Britain's call for help in 1940 due to the Neutrality Acts passed by Congress in the 1930's.

The Neutrality Acts consisted of three different laws, but all of them were based around the idea of avoiding foreign wars at all costs. The following are just some conditions of this acts passed by Congress:

1) The US government was forbidden to sell arms to countries involved in war.
2) Forbid American ships from entering war zones.
3) Barred Americans from traveling on ships  that would be considered hostile.
4) Prevented American commercial ships from being armed.

All of these conditions show America's dedication to staying out of foreign affairs during this time period.
7 0
3 years ago
What characteristics do capitalism and socialism share?
Licemer1 [7]
The answer is: They are both ran by the people but in socialism it is oversaw by the government.

( This is how their different and the characteristics they share). 
4 0
3 years ago
Why was the soviet union and the US primarily responsible for the cold war
IgorC [24]

Answer:

The Soviet Union and the U.S. were primarily responsible for the Cold War because they were the two biggest superpowers of their respective government and economic types. The United States was the best Capitalistic and Democratic country, while the Soviet Union was a Communist government. This led to proxy wars between the two, most notably the Vietnam War.

7 0
2 years ago
Other questions:
  • What two important military appointments were given to Eisenhower?What two important military appointments were given to Eisenho
    11·1 answer
  • Which of the following was a goal of the American Indian movement that it not achieve
    8·1 answer
  • How did Abraham Lincolns ideas about the course the nation should take after the civil war differ from those held by many northe
    5·1 answer
  • Which ancient civilization did the idea of democracy first take root?
    12·1 answer
  • According to Irving Janis (1972, 1982), groupthink occurs when groups value ________ over ________.
    15·1 answer
  • How was Poisonous gas regarded before its use in WW1?
    11·1 answer
  • Discuss the controversies concerning the racial identity of ancient Egyptians. What is the significance of this controversy for
    9·1 answer
  • HELP ASAP!! Can someone help me write an article about Ancient Indus valley civilizations? And my teacher said to use informatio
    6·1 answer
  • Write a diary entry for lewis, Clark, Sacajawea, and york from the lewis and Clark expedition after their journey.
    14·2 answers
  • George wants to start saving more money. What is a good first step for him to follow? A) Identify and cut all essential expenses
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!