During the obama administration, the development of low-cost batteries for electric cars received large amounts of federal funding in terms of subsidies. meanwhile, american households gave a higher priority towards minimizing their environmental impact. consider the market for zero-emissions electric vehicles where there is an upward-sloping supply curve and a downward-sloping demand curve. which direction will demand and supply shift? both curves will shift left. both curves will shift right. demand will shift right and supply will shift left. demand will shift left and supply will shift right. what will happen to the equilibrium price? change is ambiguous. price decreases. price remains constant. price increases. what will happen to the equilibrium quantity? quantity remains constant. quantity increases. quantity decreases. change is ambiguous

The demand and supply curve will both shift to the right.

The change in price is ambiguous.

The quantity will increase.

Explanation:

As the government provides subsidies to zero-emission vehicles. The cost of production for such vehicles producing firms will decline. This will cause an increase in supply as the firms will be able to produce more at the same cost. This will cause an increase in supply shown by a rightward shift in the supply curve.  

As there is a higher priority among households to reduce their environmental impact. They will demand more of these vehicles. This will cause an increase in demand indicated by a rightward shift in the demand curve.  

The rightward shifts in both demand and supply curve will cause an increase in the equilibrium quantity of the commodity.  

The change in price level depends upon the extent of the increase in demand and supply.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.