Purchase Solution

alternative fuel options

Not what you're looking for?

Ask Custom Question

Should the government subsidize alternative fuel options given all you have learned about expectations and growth? Give special thought to the following two statements: 1) Can technology create a new future and 2) what incentives are needed for business to adopt new technology? Defend your position using economic principles consistent with the ideals and workings of a market based economy.

Purchase this Solution
Solution Summary

Alternative fuel options are examined. The alternative fuel options are provided.

Solution Preview

Economic Analysis:

In the future economies, growth will be experienced in the business environments. The experience of the economic backdrop has brought about the sustenance of the fuel prices in the current business market. The production levels are bound to increase in the future creating a higher demand for the fuel. This high demand will have to meet through certain financial activities such as the receiving of government subsidies.

The subsidizing of the other fuel options should be undertaken by the government since it will reduce the final prices that will be paid by the buyers. This will lower the cost of living due to the expected growth in the economy. The fluctuations that are being experienced in the oil prices will be mitigated in ...

Purchase this Solution
Free BrainMass Quizzes
Economics, Basic Concepts, Demand-Supply-Equilibrium

The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.

Basics of Economics

Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.

Pricing Strategies

Discussion about various pricing techniques of profit-seeking firms.

Elementary Microeconomics

This quiz reviews the basic concept of supply and demand analysis.

Economic Issues and Concepts

This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.

View More Free Quizzes
Related BrainMass Solutions

  • Timing in the Housing Market: Green Homes

    When setting up electricity connections, options for solar panels and small, roof-size wind mills should be strategically placed alongside, giving a split up of the fixed and recurrent costs that demonstrate that alternative energy options can be as economical

  • Tackling Oil Dependency anf Fuel Alternative

    99499 Alternative Fuel Options for automobiles to lessen the dependency on oil. Help: Need guide to write a paper tackling alternative fuel options to lessen oil depency.

  • Employee Benefits from Alternative Work Arrangements

    Other options workers are weighing include greater use of carpools and public transit, along with alternative scheduling arrangements such as four-day work weeks.

  • Guidance to Questions on Alternatives to Petrol Fuels

    In discussion alternative fuels and energy options--battery based, fuel cell, liquified or compressed natural gas, biofuels, and even combo technology cars--the authors posit the cost prohibitive nature of creating an infrastructure to make these new

  • Regression analysis for Ford Motor Company

    In this case, the independent variable can be the cost of alternative fuel per unit volume, and the dependent variable could be the mileage given by the fuel per unit volume.

  • benefits of alternative fuel vehicles

    The benefits of alternative fuel vehicles are noted.

  • Alternative Work Arrangements

    Options: Employees can select either the virtual office work or the physical office.

  • Income statement,Balance sheet

    226468 Consider that Blue Sky Airlines has the following options Consider that Blue Sky Airlines has the following options: The government has offered a potential "gift" to cover the incremental cost of fuel.

  • alternative energy source for automobiles

    "Fuel Choices for Fuel Cell Vehicles: Well-to-Wheels Energy and Emissions Impact". Journal of Power Sources 112: 307-321 The solution identifies and explains one type of alternative energy source for automobiles.

View More Related Solutions