Homework Help: history

Posted by kayci on Friday, June 4, 2010 at 6:21pm.

Improved technology in the production of small cars often results in lower production costs.

Which of the following will most likely result from these reduced production costs?

1)the price of domestic small cars will decrease.
2)the demand for domestic small cars will decrease
3)fewer domestic small cars will be manufactured
4)domestic small car manufacturers will lose profits.
5)more foreign small cars will be imported.

i picked 1

history - Ms. Sue, Friday, June 4, 2010 at 6:22pm
Right!

Answer this Question

Related Questions

General Economics - • Businesses often decide between using automation and ...
Social studies - Which of the following accurately describes a surplus? ...
Technology - please check these: 1. During which of the following time periods ...
Microeconomics - Long-run average total costs curves are often U-shaped: A: For ...
Calculus--Please help. - I really need help, this is my second post. Information...
principles of macroeconomics - It is possible for an economy to increase its ...
ACCOUnting - Chen Company manufactures basketballs. Materials are added at the ...
probability - 2.The daily production from a car factory=3 different models-A,B,C...
Math - A small publishing company is planning to publish a new book. The ...
Economics Help pls - Suppose you are given the following production function: , ...

For Further Reading

First Name:
School Subject:
Answer: