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As vehicle product lines completed their model cycles, automobile manufacturers developed the next generation of a vehicle with a smaller exterior footprint to allow for weight reduction and increased fuel economy, using a shortened wheelbase and body length.
Drive reduction theory, developed by Clark Hull in 1943, is a major theory of motivation in the behaviorist learning theory tradition. [1] "Drive" is defined as motivation that arises due to a psychological or physiological need. [2] It works as an internal stimulus that motivates an individual to sate the drive. [3]
Predatory pricing is a commercial pricing strategy which involves the use of large scale undercutting to eliminate competition. This is where an industry dominant firm with sizable market power will deliberately reduce the prices of a product or service to loss-making levels to attract all consumers and create a monopoly. [1]
When the supply curve shifts from S1 to S2, the equilibrium price decreases from P1 to P2, and an increase in quantity demanded from Q1 to Q2 is induced.. In economics, induced demand – related to latent demand and generated demand [1] – is the phenomenon whereby an increase in supply results in a decline in price and an increase in consumption.
A planetary reduction drive is a small scale version using ball bearings in an epicyclic arrangement instead of toothed gears. Reduction drives are used in engines of all kinds to increase the amount of torque per revolution of a shaft: the gearbox of any car is a ubiquitous example of a reduction drive. Common household uses are washing ...
Car finance comprises the different financial products which allows someone to acquire a car with any arrangement other than a single lump payment. When used, and for the purpose of assessing the private financial costs, one must consider only the interests paid by the car owner, as some part of the amount the owner pays each month for the finance is already embedded in the depreciations costs.
Ten days later, on Nov. 27, Cole and Thompson went to retrieve their car, only to discover it was “already gone and sold.” Cherokee Auto Sales didn’t give the couple much of an answer as to ...
Ugly Duckling began to exit the rental car business. 100 franchises closed by August 1996, and the other 40 would close over the next ten years as their contracts expired. [16] GE Capital increased its credit line to $100 million in 1996. With new financing sources, Ugly Duckling began a major expansion program.