1. Electric Cars By :Chrismene Dorcenat

2. Electric Cars ELECTRIC CARS ARE POWERED BY AN ELECTRIC MOTOR INSTEAD OF A GASOLINE ENGINE. THE ELECTRIC MOTOR GETS ENERGY FROM A CONTROLLER, WHICH REGULATES THE AMOUNT OF POWER—BASED ON THE DRIVER’S USE OF AN ACCELERATOR PEDAL. Worldwide sales are led by the Toyota Prius, with sales of 2.36 million since August 2011, and sold in 70 countries and regions around the world.

3. Demand Shifts People want electric cars to help protect the environment because of the problem of gasoline emissions. Global warming is changing the world we live in.

4. Demand Shift #1 Income goes up because most people want to by electric cars.

5. Solution Demand goes up because people have more money to spend on cars.

6. Demand Shift #2 People want to be more energy conscious and want to save money on gasoline.

7. Solution Demand goes up because people want to use less gas.

8. Supply Shift #1 Price of the controller goes up because more people want to buy it.

9. Solution Supply goes down because the part is more expensive.

10. Supply Shift #2 New technology produces car faster.

11. Solution Supply goes up because technology increase production.

12. Market interaction People want to buy electric cars so what would happen to the market for gasoline?

13. Solution Demand for gasoline falls because people don’t want to use gas in order to protect the environment.

14. Government Intervention Government gives a subsidy to electric car producers.

15. Solution Supply goes up because the company makes it cheaper to produce.