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https://www.wsj.com/articles/manufacturers-could-soon-face-demand-woes-on-top-of-supply-chain-snarls-11651511557 What will happen to the total revenue of car makers?What happenedtorevenueofcompanies in the food service sector, hotels and motels industry in the first quarter?Howdosupply
https://www.wsj.com/articles/manufacturers-could-soon-face-demand-woes-on-top-of-supply-chain-snarls-11651511557
- What will happen to the total revenue of car makers?What happenedtorevenueofcompanies in the food service sector, hotels and motels industry in the first quarter?Howdosupply elasticities and demand elasticities influence your answer?Explain. (You may assume that supply and demand are linear)
- Basedonyouranalysis,comparetheimpactsofthissupply-chainissue and demand waningonthefollowing: consumers, firms, and workers in the appliances market.Who is impacted the most? (Think analytically about prices, quantities, and take into account any mitigating responses by the affected groups.)
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