Monday, December 18, 2017

Economics

Home Economics
Economics is all around us with the automotive industry being a great example. This series will introduce and expound upon topics in the automotive industry.

Exploiting consumer surplus, why dealerships can get away with added dealer markup on the...

When car manufacturers release a limited edition run of a certain car or there is a car in high demand, dealerships will more than...

Tires as non-durable consumer goods and why tire shops thrive in low income neighborhoods

This post is part of a series on Economics in the automotive industry. Tires are expensive to replace, more so when you don't have much of...

Services as an intangible good and why this V.W. owner was upset with his...

This post is part of a series on Economics in the automotive industry. When someone thinks of Gross Domestic Product or the total value of...
Ford Mustang Auction

Tire Meets Road introduces its Economics series of blog posts

Economics is all around us. For many people in the automotive industry, it's a part of their daily lives whether they realize it or...