Posts Tagged ‘monopoly’

  • 15848_3.15a_000002547262XSmall

    Pricing Airline Tickets

    Aug 27, 10 • 179 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

  • 15731_6.29_000001423466XSmall

    Baseball Games and Airline Fares

    Jun 29, 10 • 173 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

  • 15725_6.26_000008803278XSmall

    Can the Post Office Deliver?

    Jun 26, 10 • 171 Views • Businesses, GovernmentNo Comments

    Having just read a Washington Post article about the U.S. Postal Service (USPS), I started thinking about its future. But first, its past: While we have had postal services since the 1600s, Ben Franklin transformed the system. Appointed Deputy Postmaster for