Determine that the cost of spare parts rise or fall

Reference no: EM131824530

Question: Replacement parts for classic cars are expensive, even though these parts aren't any more complicated than parts for new cars.

a. What kind of industry is the market for old car parts: an increasing cost industry, a constant cost industry, or a decreasing cost industry? How can you tell?

b. If people began recycling old cars more in the United States-repairing them rather than sending them off to junkyards-would the cost of spare parts probably rise or probably fall in the long run? Why do you think so?

Reference no: EM131824530

Questions Cloud

Determining the price of carpet in the long run : We mentioned that carpet manufacturing looks like a decreasing cost industry. In American homes, carpets are much less popular than they were in the 1960s.

What is the per share cost of the treasury stock purchased : Jan. 5 Declared a $0.50 per share cash dividend, date of record January 10. What is the per share cost of the treasury stock purchased

Explain the criminal justice system for juveniles : We have a separate criminal justice system for juveniles, it is often more punitive than other countries.

Evaluate the assumptions and analysis : Evaluate the assumptions and analysis - What specific flaws do you see

Determine that the cost of spare parts rise or fall : If people began recycling old cars more in the United States-repairing them rather than sending them off to junkyards-would the cost of spare parts probably.

Produce a list of steps required to install windows server : Based on the scenario given in the Word document, produce a list of steps required to install and configure a Windows 2012 R2 server for file and print services

Determine the balance in the cash account on january : Jan. 22 Borrowed $20,000 from its bank by issuing a note payable. Determine the balance in the Cash account on January 31

How do womens prisons differ from mens : How do women's prisons differ from men's? Why have women's prisons been studied less often than institutions for men?

Hyper geometric distribution directly : Repeat the analysis of Fisher's twin-conviction data set using a different cell as the reference cell.

User Account

All Pages