ddmx488
PR Addict
So from my basic ecomonics courses, and what I'm reading here, this is what I gather.
If the price is too high and the demand starts to go down, they cut production and keep the price where it is.
If the demand is too high, they increase production and increase prices.
Sounds like a lose-lose to me. My opinion is hitting them where it hurts, electric cars, and small cars in general. Take Europe for instance. I had a buddy that went over there and he didn't see a big truck for like 3 days. They all drive small fuel efficient cars.
If the price is too high and the demand starts to go down, they cut production and keep the price where it is.
If the demand is too high, they increase production and increase prices.
Sounds like a lose-lose to me. My opinion is hitting them where it hurts, electric cars, and small cars in general. Take Europe for instance. I had a buddy that went over there and he didn't see a big truck for like 3 days. They all drive small fuel efficient cars.