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WorksheetsCar Local and Car Import
Total questions: 12
Worksheet time: 6mins
When was the first made-in Malaysia vehicle was made?
2003
1957
1985
1984
Which of the following is incorrect about the increase in demand for local cars?
Easy to get any of them
No need to pay additional taxes
Household income is decrease
The quality for both cars is quite similar
Why Malaysian still want to buy foreign cars while local cars are cheaper?
More stylish and luxurious
Made decision after tried both types
Manufactured with advanced technology
Easy for them to go anywhere
What causes supply curve shifts to the right?
subsidy is not used
government decrease taxes
government increase taxes
subsidy is applied
Which are the factors that cause local car have an elastic price?
i. Availability of substitutes
ii. Consumer’s habits
iii. Level on income
iv. Joint demands
ii and iv
i and ii
i and iii
iii and iv
The price elasticity of demand for local cars are....?
Perfectly elastic
elastic
inelastic
Perfectly inelastic
Imported Cars demand is more elastic than a domestic car.
True
False
Based on the analysis, which one is the factor import car’s supply lower than local car’s supply?
Level of income
Availability of substitutes
Level of technology
Ease of entry into the market
From the data of the vehicle market 2020 and 2021 (January to May), we can see the different percentage of the car local and car import.
True
False
What is the cause of increasing price of imported car ?
Bank Loan
Tax
Seller
Type of cars
During the Covid-19 Pandemic, the car companies get....
big losses
profit
loss
normal profit
How much the car companies in Malaysia lose in two months?
RM14.5 Billion
RM13.5 Billion
RM14 Billion
RM15 Billion
