TOTALREVENUE IN MILL ONE (10 pt.) What is the effect of better consumer information about retail automobile

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TOTALREVENUE IN MILL ONE (10 pt.) What is the effect of better consumer information about retail automobile prices and the profit margins of dealerships? Does this make the price elasticity of demand more or less elastic at given dealer? What is the relationship between economies of scale for automobile dealerships and the size of dealerships? Draw a diagram showing the long run average cost curve for a representative dealership as a function of the number of cars sold? What factors are causing consolidation in the automobile dealership industry

Posted Date: Jun 21, 2024 11:09 PM

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TOTALREVENUE IN MILL ONE (10 pt.) What is the effect of better consumer information about retail automobile

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