What effect will each of the following have on the supply of aute tines? a. A bechnological advance in the methods of producing tires:
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b. A declise in the number of firms in the tire industry
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C. An increase in the price of nabber used in the production of tires:
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d. The expectation that the equilbrium price of buto fires will be lower in the fonere than a is now
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6. A decline in the price of large tires used for seemi trucks and earth hading figs furth no change in Put price of mito treat:
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t. The levylng of a per-unt tax on each aubo tire sold
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The granting of a 50 -cent-per-unit subsidy for each auto tire produced;
q,