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In this paper, we have compare the price and income elasticities of demand between cars of Toyota against Nissan and Ford. The main findings are that:1) Nissan and Ford are treated as more luxurious than their Toyota counter parts for small cars. For very large cars, on the other hand, price...
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There is one thing that we use everyday. That's fuel. Even if you don't recognize, every transportation: train, bus, school van, cars work by gas or gasoline. Somehow, the fuel price is different everyday. From now, we are going to cover 3 things that are related to it in this paper.Firstly,...
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