Posts Tagged ‘opportunity cost’

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    34 Million Different Pizzas

    May 5, 11 • 427 Views • No Comments

    Expressing concern about a proposed FDA calorie-posting rule, Domino’s says it would have to list 34 million different kinds of pizzas. Really. This Bloomberg video explains their position. Using Domino’s “Cal-O-Meter” as a source,......  [read more]

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    A Tank of Gas

    Apr 27, 11 • 575 Views • No Comments

    A tank of gas is not just a tank of gas. Isn’t it a spending decision? The national average for a gallon of regular is close to $3.88 and higher in California. July 2008 was the last time we dealt with 4 dollar gas. One economist estimated that 4 dollar......  [read more]

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    Food or Energy?

    Apr 11, 11 • 413 Views • No Comments

    Biofuels create dilemmas. Whenever nations mandate converting corn or sugar into biofuel, their prices soar. People whose diets depend on these commodities are the first to suffer. What to do? Lower food prices or increase energy conservation? China’s......  [read more]

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    PC Benefits

    Apr 6, 11 • 385 Views • No Comments

    We know that the computer has really made a difference. It replaced typewriters, photo albums, calculators and maybe even travel agents. But still, can we precisely state its impact? Yes, $1700. Economists have calculated that each year since 1977, on......  [read more]

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    Savers or Borrowers?

    Apr 5, 11 • 567 Views • No Comments

    In 1987, a $100 savings account would have earned close to $9 in interest. In 2005, $3.75 or so. Now, maybe 47 cents? The WSJ, had a good article describing how savers are suffering. The retirees who expected to depend on interest income until they died have......  [read more]