Posts Tagged ‘demand’

  • Prices convey information.

    Speed Pricing

    Sep 6, 12 • 487 Views • No Comments

    What does a price tell you? Assume that you were going to purchase a GE Advantium 120 microwave oven on Sunday, August 12. Comparing Sears, Best Buy and Amazon’s sellers at 3 a.m., you would have seen, respectively, $899.99, 809.99 and 744.46. At......  [read more]

  • In NYC and China, developers are building smaller apartments.

    Living Solo: Part 2

    Sep 1, 12 • 542 Views • No Comments

    Soup and ready-made meals sales are soaring in Brazil. The reason is probably more singles. In the United Arab Emirates, if you are over 30 and female, there is a 60% chance you are unmarried. For Japan, 31.5% of all households are one-person. Looking at......  [read more]

  • sports stadiums and money

    Sports Walks

    Aug 31, 12 • 634 Views • 1 Comment

    Whenever I go to a Philly’s baseball game, the walk from the car to my seat takes awhile. Located in a “stand alone” sports complex off of Route 95, the stadium is one of several and the parking lots extend for acres. I’ve discovered......  [read more]

  • gasoline...nozzle..gas pump..15483_iStock_000006386775XSmall

    Higher Prices at the Gas Pump

    Aug 22, 12 • 395 Views • No Comments

    Sometimes 25 cents at the gas pump can make a huge difference. Economist James Hamilton explains why with his “rough rule-of thumb” correlation between the price of crude and gas at the pump. When crude increases by $10 a barrel, then the price of......  [read more]

  • lobster_000020857751XSmall

    Lobster Economics

    Jul 24, 12 • 610 Views • No Comments

    The year is 2008. Icelandic banks crash. Canadian lobster processors lose their financing. The result? Demand from Canadian processors for Maine’s lobster harvest decreases. Meanwhile, on the supply side, the lobster population is soaring. Conservation......  [read more]