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Week 11 - News Article - 1 views

www.bbc.co.uk/...world-latin-america-25223663

venezuela bbc news signs control prices car demand supply economics cost scarcity tax

shared by Patricia A on 09 Dec 13 - No Cached

Patricia A on 09 Dec 13

Car prices in Venezuela are expensive so the government put a price ceiling it.

<div class="cArrow"> </div><div class="cContentInner">Car prices in Venezuela are expensive so the government put a price ceiling it.</div>

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As It Increases Production, Tesla Worries About Battery Supply - 0 views

wheels.blogs.nytimes.com/...a-worries-about-battery-supply

elasticity of supply scarcity demand supply elasticity

shared by Jonah B on 10 Nov 13 - No Cached

Jonah B on 10 Nov 13

The following article states how Tesla, which is an electric car company, worries about the supply for their lithium ion batteries. Their supplier Samsung is not able to keep up the supply of batteries so they are looking for methods of increasing battery production together. Therefore although demand for batteries increased, the supplier Samsung was not able to keep up with the rising demand for batteries.

<div class="cArrow"> </div><div class="cContentInner">The following article states how Tesla, which is an electric car company, worries about the supply for their lithium ion batteries. Their supplier Samsung is not able to keep up the supply of batteries so they are looking for methods of increasing battery production together. Therefore although demand for batteries increased, the supplier Samsung was not able to keep up with the rising demand for batteries.</div>

...

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