This case will be exactly opposite of what it was in the short run. Now the supply would be more while the demand for the Toyota cars would be decreased. There would be a surplus of Toyota cars in the market as the supply would be more than what the consumers would demand. This might even affect the prices of the cars and they may go down as well.
Need essay sample on
We will write a custom essay sample specifically for youProceed
The competition can play around with the shattered image of Toyota. It can take away the market from the company by promoting their cars more. In fact, it could be seen in the long run that Toyota may have already lost a lot of its market share as people in the short run have already opted for other options. This means that Toyota has already started to lose its market share while in the future it would be deteriorated more giving an advantage to the competitors.
By bringing back its cars into the market Toyota would again enter the fight of oligopolies but this time with a lesser market share. The market share would remain the same and there would be no impact on the market share in the long run.
Do You need a paper on this topic?Order Your Essay
Order your paper now!
I asked Essay Lab to write an essay for me and received paper the next day after I ordered it! Thank you!
Awesome WORK! If I ever need to write my essay – I will use only EssayLab!
These people are lifesavers! Just ask – “write me an essay” and they will start right away!
We would be happy to write itJoin and witness the magic