Edward Millner's blog. It contains links to articles for students taking Principles of Microeconomics and Managerial Economics. It also contains links to articles about politics. The opinions here are mine. No one at VCU reviews or approves what I post.
Friday, September 10, 2021
What happens in the market for lithium when the sales of EV increases?
Lithium Booms in the Battle for Electric-Vehicle Batteries (WSJ, Sep. 2021). The demand for inputs used to product a product increases when the demand for the product increases. Lithium is a key input for batteries.
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