Viability Of The Automobile
Executive Summary
First, I will present the viability of the automobile, considering the demand cost, market conditions, and economic conditions in this executive summary. Next, this paper will examine automobiles in several perspectives: product pricing, cost, market structures, and economic forecast. With that said, the demand costs are relative to many other factors such as income, cost of substitutes and compliments, exchange rates, unemployment, and other economic indicators. The market conditions are realized by looking at economic indicators such as the price of oil, the strength of the dollar, unemployment, and GDP. It also deals with equilibrium, which is (October 2005) now an excess supply of automobiles causing fancy sell tactics such as 0% financing, employee dealer pricing, and lots of free upgrades. These are measures taken from the downward pressure on price, to help equalize supply and demand of automobiles. This is the demand cost of automobiles to the US market.......
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Approximate Word Count: 2255
Approximate Pages: 10 (250 words per double-spaced page)
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