Posts Tagged ‘supply’

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    Domestic Work

    Dec 27, 11 • 484 Views • No Comments

    What do drip dry clothing, take-out food, dog walkers, dishwashers, dry cleaners, and dusty ceilings have in common? A servant shortage. Currently, Brazil has less household help because of economic growth. Low income women who had worked and lived in the......  [read more]

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    Paying Kids For Good Grades

    Dec 24, 11 • 539 Views • No Comments

    What happens when you combine a $100 student payment with a teacher bonus for high A.P. grades, better lab equipment, free tutoring, Saturday classes and extra teacher training? At one Boston school, the results for an A.P. statistics class were: A surge in......  [read more]

  • Organ Markets

    Dec 8, 11 • 606 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 • 465 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 • 520 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]