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Explain the market trends in an auto industry

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Reference no: EM1332692

Describe the market trends that a Auto Industry will face. Explain your conclusions. Address how each of the following will or will not change, and why:

  1. Productivity: Consider the law of diminishing marginal productivity
  2. Cost structure
  3. Wages and benefits
  4. Fixed and variable costs
  5. Price elasticity of demand
  6. Effect of government regulations

Reference no: EM1332692

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