Data related to the inventories of alpine ski equipment and supplies is presented below: skis boots apparel supplies selling price $ 180,000 $ 140,000 $ 120,000 $ 60,000 cost 128,000 133,000 90,000 45,000 replacement cost 120,000 130,000 110,000 41,000 sales commission 10 % 10 % 10 % 10 % in applying the lower of cost or net realizable value rule, the inventory of skis would be valued at: multiple choice $180,000. $128,000. $120,000. $162,000.

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?