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Analysis paper on The Car industry

Analysis paper on The Car industry

write an analysis paper on the car industry.Explore the impact of the recent economic recession on the industry and apply microeconomics concepts;PLease no plagirism and use sourse with correct citations.

 

helpful concepts for microeconomics:

Economics- the production and distribution and consumption of goods and services and their management
Scarcity- limited quantities of resources to meet unlimited wants
Market Economy- economic system in which decisions on production and consumption of goods and services are based on voluntary exchange in markets

Opportunity Cost- whatever must be given up to obtain some item

Entrepreneurship- the process of starting, organizing, managing, and assuming the responsibility for a business

Capital- wealth in the form of money or property owned by a person or business and human resources of economic value

Financial Capital- money used to buy the tools and equipment used in production.

Revenue- the entire amount of income before any deductions are made

Profit- the amount of money left over after expenses are taken out

Incentives- advantages that help businesses, such as lower taxes, cheaper land, and employee training programs.

Supply and Demand- an economic concept that states that the price of a good rises and falls depending on how many people want it (demand) and depending on how much of the good is available (supply)

Price-value measured by what must be given or done or undergone to obtain something

Budget- a sum of money allocated for a particular purpose

Barter- exchange goods without involving money

Stock Market-A general term used to describe all transactions involving the buying and selling of stock shares issued by a company.

Investment- money that is invested with an expectation of profit

Growth- a business with excel’s with increased revenue, profit, and expansion

Capital Gains-The difference between a higher selling price and lower purchase price, resulting in financial gain for seller
Taxes-fees for the support of government required to be paid by people and businesses
Diversification- the act of introducing variety (especially in investments or in the variety of goods and services offered)
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