Posts Tagged ‘monopoly’

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    Can the USPS Deliver?

    Jul 25, 11 • 128 Views • Businesses, Economic History, Government, Labor, Macroeconomic Measurement, Thinking EconomicallyNo Comments

    You’ve got mail? Maybe not on Saturday. As explained in a Teaching Company lecture (#28), the U.S. Postal Service (USPS) faces competition from UPS and FedEx, from email, faxes, and texts. Their salaries average 30% higher than the private sector, they...

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    Coupon Economics

    Apr 16, 11 • 120 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Thinking EconomicallyNo Comments

    When Starbucks raised its prices during the beginning of 2010, it lowered the price of a tall regular to $1.70. But, if you wanted a splash of foam, a shot of espresso, or a touch of flavor, the addition could be expensive. For a triple grande soy vanilla...

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    Popcorn Margins

    Sep 28, 10 • 135 Views • Businesses, Demand, Supply, and MarketsNo Comments

    Higher quality film? Better projectors? Online ticketing? No. The “most important technological innovation since sound” was the armrest cup holder (according to a movie theater owner). Please think about a cup holder. The cup holder makes huge...

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    Pricing Airline Tickets

    Aug 27, 10 • 114 Views • Businesses, Demand, Supply, and Markets, Economic HistoryNo Comments

    During the 1970s, a ticket to fly between New York and Washington, D.C. cost $50 whereas one between Los Angeles and San Francisco-almost twice the distance-cost only $40.  Why? Before deregulation in 1978, the interstate airline industry was...

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    Baseball Games and Airline Fares

    Jun 29, 10 • 109 Views • Businesses, Demand, Supply, and Markets, Economic DebatesNo Comments

    How much will the San Francisco Giants charge for a baseball ticket? It all depends on, “past ticket sales, the day and time of the game, the teams’ records, the pitching match-up, the weather, the going rate on resale Web sites like StubHub and...