Assignment-1
Answer 1.
(a)
Pollution has become one of the major problems any state in India is facing. As a result of increasing pollution the air quality is decreasing at an exponential rate leading to various health related issues.
Without government intervention, why would car manufactures which are privately run firms work on reducing pollution their main agenda is profit making. Furthermore, the private car owners have little incentive to curb their travel habits. As there is no direct cost related to causing pollution. The growing urbanization and globalization has increased people’s capacity to buy and use cars tremendously. Cars have become a status symbol more than the mode of convenience for them. Plus the lack of public
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So if the product is elastic the marginal revenue is positive and if the product is inelastic the marginal revenue is negative.
In our case the product is elastic, so ideally the marginal revenue should be positive. The numerical result matches our expectations.
So for every additional unit of product X produced the revenue increases by $65.
Answer 3.
Economies of scale can help you reduce your fixed cost and increase your reach to potential customers. So when the quantity of the product being manufactured increases it reduces the average cost. Furthermore it leads to specialization of labor and better capital utilization. This will help you to stay profitable (as you have better margins) and expand with ease. Additionally, it also gives you bargaining power. You will be able to bargain or negotiate with your suppliers to sell you at a lower price so that you can pass on the same benefit to your customers. So If your firm employs economies of scale It will have a competitive advantage over other firms as you will be able to deliver products at a lower
Even though many might say that driving is more convent, it is actually more harmful to the Earth. Biking or walking to places nearby can help cut down the carbon produced in the air. According to Jensen and McMillan, we can save about “575 million tons of carbon dioxide” if we cut down driving (Jensen and McMillan 706). This is telling us that if we try to cut back on the driving the air can be much cleaner because it is reducing how much carbon dioxide is exerted. Cutting back on driving is one of the many solutions that can help cut back on carbon dioxide production.
Another survey present that people were more inclined to buy automatic, high fueled cars than hybrids. This just goes to represent that society is playing a role in the high pollution
(Porter, 2008, p. 81) The second barrier is the demand-side benefits of scale. “Demand-side benefits of scale discourage entry by limiting the willingness of customers to buy from a newcomer and by reducing the price the newcomer can command until it builds up a large base of customers” (Porter, 2008, p. 81) The third barrier is the customer switching cost which are “fixed costs that buyers face when they change suppliers”. (Porter, 2008, p. 81)
Some cities in china have everyone wear gas masks when they go outside. That 's just tragic! Can you imagine getting lung cancer for standing outside for 10 minutes? Cars can release 2 different kinds of pollution. There is primary pollution that goes straight into the air to pollute it and secondary pollution.
Tesla Motors is an American-based company that deals majorly with designing, manufacturing and selling of electric cars as well as electric vehicle powertrain components. Since its formation by a group of Silicon Valley engineers in 2003, Tesla Motors Company has gained global fame and incomparable customer loyalty. Tesla Motors have significantly grown from the year of its commencement till now. The sales and revenue of the company has increased year after year which is evident from its annual report. In the year 2011, the company has generated revenue of 204.224 million which has considerably increased to 4.05 billion in 2015 (Marketwatch, 2016).
While analysts argue over whether the company will be successful or not and if the prices will be reduced, the reduction of the cost of the battery - is not the only aim of the upcoming Gigafactory, the team is already working on improving of the battery life. It is planned to increase the energy density of the batteries, thereby reducing their weight, and increased cruising range of electric vehicles. The professor at Dalhousie University Jeff Dahn is known for his work innovating lithium-ion batteries like those Tesla uses to power its Model S sedan, will collaborate with Tesla scientists (Owram, Kristine. Tesla Motors Inc Turns to Dalhousie University Professor for Help with Battery Technology). Now working on the other Project and will
More consumers will be able to afford the product but the supplier will need to be able to satisfy the new demand. Therefore, if a seller is able to satisfy the new level of product demand by avoiding shortages, and the cost of production does not
Current businesses have the cost advantage of having local manufacturing
We all know that it is impossible for pollution to be 100% gone since the cause of it is also from nature itself. But there are always solutions as to how to reduce pollution. It’s unbelievably foolish to know that pollution is the number 1 cause of death, and yet, pollution solutions are relatively low-cost. It’s great that we already have many companies trying to end pollution. Other companies try to be more eco-friendly and, for example, use plastic that decomposes faster.
According to National Treasury 2013, the cost of this pollution is still not reflected in the final prices of the goods and services and the tax payers bore the costs of pollution or damage on the environments and thus distorting labour and income taxes. Other environmental taxes introduced before like Plastic bags levy, Fuel tax and light bulb levy can be used to motivate Carbon emission producers to why Carbon tax can have double benefits. If carbon tax is introduced and implemented like other environment taxes discussed (Plastic bag levy and Light bulb levy) they would yield two or three
New Chevrolet Sonic campaign of a fun-smart car will deliver the most positive mood to potential customers as it can. First of all, in our commercial we will show exhausted young adult and students who barely survive a study and working week. The environment around them would be positive, but our main characters cannot notice that because they have spent all their energy in school and at work. The main concern of young people people would be what they are going to do on their Friday night. The have no desire and enthusiasm to search around for a good and exciting place where they could relax and have fun together.
INTRODUCTION In June 2008, TATA Motors announced the acquisition of brands Jaguar and Land Rover from the car producing giant Ford Motors. The deal was valued at US$ 2.3 billion and is considered an overall success even from intercultural perspective. On the contrary, the deal was speculated to be a huge failure as the world was entering into recession in 2008 and Jaguar Land Rover (JLR) was incurring huge losses. The deal was an all cash deal with 100% acquisition of Jaguar Land Rover’s businesses.
Nowadays, a lot of people have their own cars and one family might have more than two cars even. People find it impossible to live without cars but they don’t know how negatively it affects their life and even the environment around them that will affect their future later. No one can regret how cars are really important and useful in life but no one knows how it can make their life gloomy. The government should definitely start taking a step and stopping cars in big cities. Cars should absolutely be banned from big cities for pollution, traffic and accident problems.
but it’s hard to make it happen and make everyone to use it because it run slower and few distance than normal car. Now a day fuel is more expensive and most making carbon dioxide in human activity [ 1] and electric car is developed enough to run on the road like normal car that we can see on the road. Thesis Statement: The Electric car have several features that make it as the future of every car. Body1 Topic sentence: Electric car did not make pollution. Support idea: zero pollution Support detail: It use electrical energy instead of fuel that not making carbon dioxide to the air or any pollution to the nature.
There are many problems that threatens society and one problem in particular, air pollution is a problem that threatens everyone. Air pollution is the contamination of air with pollutants that are harmful to humans, animals, and the environment. It began to be a problem when humans discovered the uses of fire and then the amount of air pollution exponentially grew after the industrial revolution, and is still a problem even today. The largest causes of air pollution are from human activities such as burning of fossil fuels and gas emissions from manufacturing plants. There are ways that ordinary people can help contribute to prevent air pollution and or else face the dangerous consequences of polluted air.