The best reason for flexing a budget is to: A. adjust actual results so they are closer to budgeted amounts.
B. recognize the cost behavior pattern of budgeted amounts.
B. revise a budget at the beginning of a period.
D. permit a more accurate determination of variances.

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?