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re: Tesla's gigafactory is a cool idea but not really sustainable
Posted on 6/28/17 at 3:07 pm to texag7
Posted on 6/28/17 at 3:07 pm to texag7
As the demand curve shifts (increases), the price and quantity supplied will increase, unless there is a physical limitation.
When cars were first invented, I bet you couldn't find enough steel to make the quantity of cars that Ford wanted to produce. The increased demand for cars drove price of steel up, which means that more companies entered the steel market thereby increasing the quantity supplied.
When cars were first invented, I bet you couldn't find enough steel to make the quantity of cars that Ford wanted to produce. The increased demand for cars drove price of steel up, which means that more companies entered the steel market thereby increasing the quantity supplied.
Posted on 6/28/17 at 3:09 pm to seawolf06
Steel and lithium/cobalt are two different things.
Iron is the 4th most abundant element in Earths crust.
Not really comparable
Iron is the 4th most abundant element in Earths crust.
Not really comparable
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