The industrial manufacturing firm colfax has made a series of acquisitions, growing rapidly from revenues of $700 million to $4.6 billion. this business seems to have a bright future. why might ceo steve simms read books or watch documentaries about the history of management?

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e.g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i.e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?