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Dear Alexa, My friends and I went to the movies last weekend, and at the end of the night I realized I paid more for my popcorn, soda and candy, than I did for my actual movie ticket! Why are movie concessions stands so expensive? Please Explain! Kate Well Kate,... [read more]
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Recent articles about skewed birth rates in China indicate 119 (and more) males are born for every 100 females. Discussing the imbalance, most commentary focused on marriage and how tough finding a wife will become.
http://news.yahoo.com/s/afp/20100111/hl_afp/chinapopulationmenmarriage
Some thoughts…
1. On a demand/supply graph, does that mean a shift in the demand curve (of eligible husbands) to the right. But…is the supply curve inelastic which would mean that the number of potential wives remains almost the same? Will the supply curve (of eligible wives) eventually shift rightward?
2. Moving to other issues, how will consumer spending be affected if there are so many more men? Clothing? Food? Cars?
3. The job market? Types of jobs that men traditionally perform?
Your thoughts?