Posts Tagged ‘demand’

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    The Cost of a Corn Flake

    Nov 11, 10 • 91 Views • Businesses, Demand, Supply, and Markets, International Trade and FinanceNo Comments

    Telling us that corn prices are soaring, NPR asked, “Why Not Corn Flakes?” After all, approximately 13 ounces of an 18-ounce box of corn flakes is corn. The corn, though, only adds close to 4 cents to the price. So, even if corn prices continue to...

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    Mobile Home Ceilings

    Oct 22, 10 • 107 Views • Demand, Supply, and Markets, RegulationNo Comments

    When the Ukiah California City Council said yes to rent stabilization for a local mobile home park, senior citizens said, “Thank you.” In NYC, 50% of all housing in Manhattan is rent regulated. Sixty years ago, concerned that the middle class...

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    Supply, Demand, and Kimchi

    Oct 5, 10 • 143 Views • Demand, Supply, and Markets, Developing Economies, International Trade and FinanceNo Comments

    The kimchi mini-crisis is a perfect tale of supply and demand. Kimchi, “a fiery cabbage-based staple of Korea,” is typically made from “seasoned, fermented napa cabbage”. Farmers supply the napa cabbage for kimchi and demand comes from...

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    The Afghan Votes Market

    Sep 19, 10 • 87 Views • Demand, Supply, and Markets, Developing EconomiesNo Comments

    In Kunduz Province, the price of a vote was $15 while in Kandahar, it was closer to $1.  Do we have a market? Just like shoes or shirts, it appears that the price of an Afghan vote was determined by demand and supply. For the Afghan election, according...

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    The Housing Dilemma

    Sep 9, 10 • 82 Views • Demand, Supply, and Markets, Economic Debates, Financial Markets, Regulation5 Comments

    Is it time for shock therapy? Since the housing bubble popped, from tax credits to mortgage modification programs, government has tried to support housing prices. The goal was to provide support and diminish foreclosures until the market stabilized. With...