The statement of cash flows cannot be used to determine: Multiple Choice profitability as measured by specific revenues and expenses. changes in working capital. expenditures on long-term assets. reliance on external financing.

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?