What events around the world might affect the price of cars? How about the supply or demand of cars?
2006-10-11 13:59:33 · 5 answers · asked by Anonymous in Social Science ➔ Economics
Events of the world affecting the price:
1. Price of fuel
2. Policy on imports and exports of raw material and finished goods
Others:
1. Facilities vs price of car
2. Design to suit family size
3. Looks
4. Quality in performance
5. Easy loans available
6. Purchasing power of the individual in a country
7. Dependabillity on road traffic
8. Availablity of spares and after sales service
9. Competition
10. finally, most important, 'what the customer can bear.'
VR
2006-10-11 16:09:40 · answer #1 · answered by sarayu 7 · 0⤊ 0⤋
The national interest rate,
National Savings,
Consumption levels, (demand)
The cost of production: steel, metals, Labor, (supply)
The cost of Oil prices will always be a factor,
Supply and Demand.
Lastly, Gross National Product, Median Income levels, and DI
2006-10-11 21:39:28 · answer #2 · answered by Precious1026 3 · 0⤊ 0⤋
price of petroleum and the economics of that country situation and tax of the cars affect price of cars.
2006-10-11 21:01:04 · answer #3 · answered by Kay 3 · 0⤊ 0⤋
costs of raw materials, components and labor.
2006-10-11 21:07:14 · answer #4 · answered by Didgeridude 4 · 0⤊ 0⤋
location where you buy, extra features, and time of year when you buy.
2006-10-11 21:00:51 · answer #5 · answered by gjmite 2 · 0⤊ 0⤋