tag:blogger.com,1999:blog-1735628051336217048.post5646295027258470504..comments2024-02-24T04:08:30.728-05:00Comments on MV=PQ: A Resource for Economic Educators: Markets, Complementary Goods, and InstitutionsTim Schillinghttp://www.blogger.com/profile/09159198592921510105noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1735628051336217048.post-61082426982335184182008-09-11T20:12:00.000-04:002008-09-11T20:12:00.000-04:00It is possible that Ford believes people would be ...It is possible that Ford believes people would be scared off buying this new model because it runs on diesel fuel, and they wouldn't be able to sell the number of models necessary to make a profit. A reason they could believe this could be because diesel fuel has gotten a rather bad reputation with the public, whether it's deserved or not. Even though the car may be fuel efficient, it is not as fashionable to drive an "eco-friendly" Ford as it is to drive a hybrid. If people are buying cars for fuel efficiency, it is more likely that they would buy a hybrid. Also, the fact that diesel fuel costs more has something to do with it. Although the car would get better gas mileage, the general public can't really get past the fact that they see the price is higher. ((Although it's possible I'm simply underestimating the ability of the general public to see completely through the decision.))Catherine Lillardhttps://www.blogger.com/profile/13558933209521889550noreply@blogger.comtag:blogger.com,1999:blog-1735628051336217048.post-85110088210056079782008-09-10T22:55:00.000-04:002008-09-10T22:55:00.000-04:00well if the car runs on ethanol that's got to crea...well if the car runs on ethanol that's got to create new jobs, stimulate economics recovery, and eliminate greenhouse effects, and be good for the environment, right? just kidding...do you think barriers to entry are helping to monopolize the auto industry?Anonymoushttps://www.blogger.com/profile/10077171881600190717noreply@blogger.com