Given the following situations, determine the effect on Qd or D or Qs or S for electric cars. Write ↑ Qd, ↓ Qd, ↑ D, ↓ D, ↑ Qs, ↓ Qs, ↑ S, ↓ S or no effect. For each answer, graphically illustrate using the corresponding demand curve or supply curve. Show graphical table (Use digital graphical calculator or microsoft word). Label properly: 4.Difficulty recruiting skilled workers specializing in this production. 5.Ad
Given the following situations, determine the effect on Qd or D or Qs or S for electric cars.
Write ↑ Qd, ↓ Qd, ↑ D, ↓ D, ↑ Qs, ↓ Qs, ↑ S, ↓ S or no effect. For each answer, graphically illustrate using the corresponding demand curve or supply curve. Show graphical table (Use digital graphical calculator or microsoft word). Label properly:
4.Difficulty recruiting skilled workers specializing in this production.
5.Advancements in battery technology significantly increases the range of electric cars.
6.Cybersecurity threats in the software system in the production lines.
7.Improved efficiency in the supply chain for the essential electric vehicle components. 8.Increasing trend in the price of electric cars.
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