Considers the graph that represents the supply and demand in the market for automobiles. for each of the following events, draw the new market outcome, and say whether the equilibrium price and quantity will increase or decrease. always begin with the market at the original equilibrium. make sure you label your curves properly.
a. environmentalists launch a successful one family, one car campaign.
b. a steel tariff increases the price of steel.
c. a baby boom occurred 16 years ago.
d. an oil shortage causes the price of gasoline to soar.
e. improvements in robotics increase efficiency and reduce costs.
f. the government offers a tax rebate for the purchase of commuter rail tickets.

University hero is considering expanding operations beyond its healthy sandwiches. jim axelrod, vice president of marketing, would like to add a line of smoothies with a similar health emphasis. each smoothie would include two free health supplements such as vitamins, antioxidants, and protein. jim believes smoothie sales should fill the slow mid-afternoon period. adding the line of smoothies would require purchasing additional freezer space, machinery, and equipment. jim provides the following projections of net sales, net income, and average total assets in support of his proposal. sandwichesonly sandwiches and smoothies net sales $ 750,000 $ 1,350,000 net income 120,000 210,000 average total assets 350,000 750,000 return on assetschoose numerator ÷ choose denominator = return on assets÷ = return on assets÷ = profit margin÷ = profit margin÷ = asset turnover÷ = asset turnover÷ = times