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leva [86]
3 years ago
12

All of the following shift the demand curve for automobiles to the right except:

Business
1 answer:
elena55 [62]3 years ago
3 0

Answer:

b. a brand new automobile dealership opens in town

Explanation:

All of the following shift the demand curve for automobiles to the right except: "a brand new automobile dealership opens in town."

The above statement is true because when a shift in the demand curve moves to the right, there is an increase in the quantity demanded, which can be caused by some factors such as:

increase in income,

growth in the price of a substitute or decrease in the price of a complement.

Hence, considering the available options in the question, the correct answer is " a brand new automobile dealership opens in town."

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Answer: These address the needs of the market and creates a place for the service provider in same market

Explanation:

I'll explain this specialization aspect with a business model.

The business model I would use is a car wash business. The normal traditional car wash business has a people get their car washed along the road by anyone just to look clean, but the model I'll present is that which is different where cars are given detailed washing from customer service to quality services; the water used is treated, the finest of soap is applied all at an affordable price. If we examine this from the traditional car wash we'd realize it's different and this is far better.

These address the needs of the market and creates a place for the service provider in same market

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Answer:

The correct answer is A

Explanation:

Price floor, also referred to as the minimum price, which is described as the lower limit placed by the regulatory authority or the government on the price which is per unit of the product or the commodity.

Non- binding price floor, means that the price floor is less than the present price of the market, and the equilibrium price will be more or above the price floor.

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