Impact of world oil price increase on demand for toyota cars


What is the impact of world oil prices increase on the demand for Toyota cars? Explain and illustrate your answer. Imagine that Toyota Company developed a new production technic which reduces costs considerably. How this innovation can influence supply of the cars? Illustrate your answer. A new environment protective government policy abolishes fees on public transport. What is the impact of such a policy on the demand for Toyota cars? Explain and illustrate your answer.

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Microeconomics: Impact of world oil price increase on demand for toyota cars
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