Posts Tagged ‘supply’

  • Organ Markets

    Dec 8, 11 • 280 Views • No Comments

    When a San Francisco court said that certain bone marrow donors could be paid, they did not have to focus on medicine. Instead, the 3 judge panel could have discussed the market. The court said it was all about new technology that made bone marrow donation...  [read more]

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    Jell-O, Gillette, and the Kindle Fire

    Dec 4, 11 • 256 Views • No Comments

    At first no one wanted to buy Jell-O. The year was 1902, the product was jiggly, and people had no idea how to serve it. Then, its producers went door-to-door with free cookbooks. And the rest of the story is history. By contrast, from the start, King...  [read more]

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    The Rent-A-Ship Market

    Dec 1, 11 • 223 Views • No Comments

    Knowing the price to rent a Handysize can come in handy if you want to measure economic activity. A Handysize is a small cargo ship. The very biggest vessels, called Capes because of the routes they have to take, are so huge that they cannot fit through the...  [read more]

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    Happy Pecan Farmers

    Nov 27, 11 • 257 Views • No Comments

    With soaring demand from China and less supply in the U.S., you have some very happy pecan farmers. However, they have one big problem. Theft. Armed with ladders, pecan snatchers are shaking the trees in Georgia’s pecan groves, catching the nuts and...  [read more]

  • Hoping to stimulate the economy, in 1939, FDR moved the date of Thanksgiving back a week.

    A Thanksgiving Mystery

    Nov 25, 11 • 365 Views • No Comments

    Thanksgiving means more demand for turkeys. And yet supermarkets discount the price. Why? First some turkey facts. This year, the American Farm Bureau says that the price of a typical turkey is up 22% from last year. According to Slate, the price of the...  [read more]