Posts Tagged ‘law of downward sloping demand’

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

    Subsidies: Fueling Egyptian Turmoil

    Jul 6, 13 • 180 Views • No Comments

    The time is 8 am. During March 2012, 200 people at a depot just west of Cairo are waiting for a truck delivery of butane cylinders. One gentleman yells, “Please, I’ve been waiting for 10 days to get my cylinder–who can bear this?”...  [read more]

  • Cheap Health Care!

    Jan 2, 10 • 248 Views • No Comments

    A recent “Investor’s Business Daily” article includes a great graph. Downward sloping, the graph represents health care spending by consumers. While aggregate spending skyrockets, individuals are paying less out of pocket....  [read more]