Current number of mechanics

Reference no: EM133552858

A significant drop in gasoline prices has encouraged more consumers to purchase cars. This has led to an increase in demand for car mechanics' services; however, there are not currently enough qualified car mechanics to meet this demand. What will happen to the market in the short term and the long term? In the short term, prices for car repair will rise, and these prices will remain high in the long term. In the short term, prices for car repair will rise, and in the long term, demand will fall to a point where it can be met by the current number of mechanics. In the short term, prices for car repair will rise, and in the long term, more people will pursue a career in car repair. In the short term, prices for car repair will fall, and in the long term, demand will rise to a point where it can be met by the current number of mechanics.

Reference no: EM133552858

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