i need this in woordsnot hamdwrittenplease rewrite it as it is 5010:-Due toincreasing carbon emissionadverse impact of climate changeacross the world.andthere is whooping interestvehicles.in essing electricelectronic vehicleNow if we assume that-market is perfect competitive then there ismarket price & quantity ofgreat impact.electronic vehicles.onthe1In electric vehicles market there are some problemsalike lack of semiconductor chips & InsufficientEV charging infrastructure.In worldemissionmany countriesbyset targets to reduce vehicleimpact of electric vehicles will observed2030-2050.by reducing full costs & shifting of consumptionaway from imported off to electricity sources.Market price ofvehicles based on fuel ete will bebut hybrid car (based on both full &electricity)go downwellmore cheaperbryoil demandwill reduce bry zmillion.Almostbarrelsa daydue to electric vehicles.515 $ billionwill be spent by automakery onelectric vehicle industing.which will change thedirection ofmarket. Sodue to availibilityofmoreEugthe marketecofriendly vehiclespriceof allvehicles bowed on fuel definitelyof challenges like lack ofsteeply go down.semiconductorover Comethenmarket priceproper charging infrastructureChip availabetyeffected & quantity ofmore than 50...moreelectric vehicles.by 2050 will.brebe2023,

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Business

Economics

i need this in woords not hamdwritten please rewrite it as it is

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

i need this in woords

not hamdwritten

please rewrite it as it is

5010:
-
Due to
increasing carbon emission
adverse impact of climate change
across the world.
and
there is whooping interest
vehicles.
in essing electric
electronic vehicle
Now if we assume that
-
market is perfect competitive then there is
market price & quantity of
great impact.
electronic vehicles.
on
the
1
In electric vehicles market there are some problems
alike lack of semiconductor chips & Insufficient
EV charging infrastructure.
In world
emission
many countries
by
set targets to reduce vehicle
impact of electric vehicles will observed
2030-2050.
by reducing full costs & shifting of consumption
away from imported off to electricity sources.
Market price of
vehicles based on fuel ete will be
but hybrid car (based on both full &
electricity)
go down
well
more cheaper
bry
oil demand
will reduce bry zmillion.
Almost
barrels
a day
due to electric vehicles.
515 $ billion
will be spent by automakery on
electric vehicle industing.
which will change the
direction of
market. So
due to availibility
of
more
Eug
the market
ecofriendly vehicles
price
of all
vehicles bowed on fuel definitely
of challenges like lack of
steeply go down.
semiconductor
over Come
then
market price
proper charging infrastructure
Chip availabety
effected & quantity of
more than 50...
more
electric vehicles.
by 2050 will.
bre
be
2023,

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