Examine the likely consequences of rising incomes

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High-performance cars (H PCs) are automobiles with engines that generate great power relative to their weight. They boast high acceleration, speed, cornering and breaking performance. But they obviously come with a very high price tag. Some people even buy them to publicly display their wealth. The Singapore economy has grown rapidly between the 19605 and 2018 with rising incomes across the island. Examine the likely consequences of rising incomes on the Singapore HPC market and one or two related market

Reference no: EM133078711

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