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Corporate Average Fuel Economy
Beginning of essay
The foreshadowed Market Failures of the mid 1970's gave way to Corporate
Average Fuel Economy, regulation which would call for new standards in
automobile fuel efficiency. The market failures hinged on a number of outside
variables which could have had a drastic effect on domestic markets.
Reso ....
Middle of essay
.... look beyond
fuel economy when in the market for a new vehicle.
Quality Depletion of the total domestic car fleet due to special
attention to only the fuel economy while ignoring: 1) performance, 2)
acceleration and 3) handling.
*** With CAFE becoming a long-term flop, in its first years it did have its
benefits. Both the public sector and the private interests gained from the
regulation in the beginning.
--> Public Interests gained from this legislation due to a) to ability
to get more .... |
| Number of words: 647 |
Approximate pages: 3 |
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