The USA is experiencing an expansion which increases demand for automobiles at the same time that supply is also increasing because of cheap raw materials. a) What happens to demand and supply?

b) What happens to the equilibrium price, and to equilibrium quantity (increase, stays the same, or decrease)

Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries