It's the best price that someone's willing to give you for something.

It's why the purchase price is so high.

Our price is considerably higher than the current market price.

It's actually 66.666 I hope you don't think I'm an evil person because of this number that happened to show up.

So, I went online again and I looked at what an optimal sensor would look like.

Then there's an important military role.

It is a complement. WRlTING

We just divide both sides by 0.75.

The price of this car is very high.

(GUNSHOT)

Today as the spike in the price of oil

The prices of Japanese automobiles are still comparatively high.

But that's where the price really starts to matter.

So this is a good way to think about it.

Why wouldn't I just pour all of my money?

And so the first of these that I will focus on the first is the price of competing products.

The goal of Tesla has always been to have a sort of three step process, where version one was an expensive car at low volume, version two is medium priced and medium volume, and then version three would be low price, high volume.

It's not about low cost.

Another opportunity might be to take the one that is worth the most, kind of ignoring what it weighs .

And the Space Shuttle was going to solve those problems.

A lot of hurdles.

And that's the real big take away I wanted you to get at, is that high utilization of anything, of our aggregate capacity, prices will increase.

Now we can draw a similar demand curve for this very cheap automobile.

If x is any larger number than the number I'm solving for, then the sale price is going to be more than fifty and I won't be able to afford it.

There's no haggling.

Then auctions like eBay are another example of dynamic pricing.

There's gonna be less of it.

Do Low Interest Rates Ensure High Asset Prices?

So this is a completely comparable value to this 26,000.

No, what happened to us, Chris, is that power, it's priced off the margin.

It is traded.

Dynamic pricing is exactly what it sounds like.

What is the price?

And we see that the last trade here was for 2.58.

Whatever the sale price is, is what I have to pay in cash.

But, in that scenario, 2, it starts to get a little pricey for people.

Monsanto makes a ton of money, and the small farmer gets squashed.

That sounds about right. It's within the right range at least.

And you know that it's going to be 100.

And both of them satisfy the law of demand if the price is really high the quantity demanded is going to be really low for the laptop and so it might be right over there and if the price is low the quantity demanded is going to increase.

And obviously their inputs go into other people's their outputs go into other people's inputs.

For any given price, it's going to lower the quantity demanded.

Just to move one person from one place to another.

But one of the things that we always tend to confuse is the difference between a revenue model and pricing.

Obviously a 6 Price to Earnings of 20 times 2013 earnings isn't as good as a 6 Price to Earnings of 2010, because earnings in the future aren't worth as much as earnings today.