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Although there are a lot of numbers in this short article, there are a few things to consider. For one, it draws the line between revenue and profits. It would be interesting to investigate how and why revenues increased, and how this affects the profit. As well, the article talks about the companies' strategies/aims to be successful... for example, community engagement. As we've discussed, it may mean that profit/revenue/volume aren't at their maximum, but it attempts to draw in revenue through ways other than price.

Hello, In this article it talks about how the shares for GE fell in response to a lower revenue than expected. The fall in revenue of General Electric was caused by a slower than expected growth in the European credit crisis. It says even though GE was making a profit, the slower European market causes them to have a decrease in revenue. They say that because if the credit crisis sales in Europe are not as high and even though people are still purchasing products, the growth at which sales in Europe should have increased are increasing less than what GE wants them to. GE claimed that they are going to change their market footprint through new products and technology in order to increase their revenue and thus increase their shares. From Tim

This article discusses the declining revenues of Connecticut's Gaming industry. As the demand decreases, the revenue begins to drop. The state is looking at new ways to gain revenue, including through online gaming, which a few provinces in Canada have already done successfully.

This article discusses the excise taxes in Hawaii and how the revenues have risen over 8 percent in recent times! Although the article did not describe exactly why this has occurred, however the most accurate predictions would that the increase in revenue would be due to increased taxes on inelastic items, for example, gasoline, etc. This not only ensures that the demand is unchanged, but also ensures that all other factors stay the same. Another reason why the revenues have increased could be that the taxes did not increase, however the population grew.

This article concerns the fact that "China's fiscal revenue soared 25% to record in 2011". This is related to our study of revenue. This means that its is an abnormal profit.

This article provides evidence and data of Egypt's Export DEvelopment Fund and the promoting of exports in the first half of the fiscal year. Revenue from exports positively impacted the economy, and the EDF seeks to continue to improve the export benefits entering the nation.

This article discusses the American economy, and tax policy fairness, just like our weekly discussion did! It's fascinating to read about "societal notions of fairness" in the context of the tax policy to raise revenue. (read this it's super relevant.)

Google shares fall as costs surge and revenue falls as a result of lower prices.

This article is about how the UK's recession is continuing and it talks about how even though the tax revenue has increased this year, the spending continues to rise.

A tad early, but Christmas music will be coming on the radio next week! At least here in DC.. The article outlines a government plan to make a little extra revenue, and how that plan was so fiercely opposed. The tax would be imposed on the producers, given that they produce more than 500 trees a year, and in turn the producers would probably have to increase their prices. Since it is a specific tax with a fixed amount of $0.15 (not dependent on the price of the trees) it will shift the supply curve up. Even though the article states that the program "wouldn't have any impact on the final price consumers pay for their Christmas tree" - there would be an inevitable small impact at least in one retail area of the trees. Since there are so many consumers that will want Christmas trees, a tax would bring in a fair amount of money, as there are no substitutes for Christmas trees.

http://www.bbc.co.uk/news/business-15701101 I think a better way would be to implement a rationing system. However, this would cost far too much money and will never happen. The end result being that those laying claims on being missold PPI- "No tax is generally due on the repayment element of compensation paid to those missold PPI. However, the additional interest is taxable - in line with other compensation claims." but the "taxman" (the government) gets to pocket lots of tax revenue.

Hello, In this video it talks about how the fuel prices have tripled over the last 20 years. It says that most of it has come from taxation and how in January the tax will increase by 3p a liter. This will translate that the average price will in by $1.50, however, if the government decided not in impose the tax then they would lose out of $1.5 billion of much needed revenue. Today, people spend a lot of their income on fuel and for people who own their own businesses they need have as much burden as possible because they will lose their demand. All in all, the government can keep the drivers and motorists happy by not increasing the tax or increase there revenue to help themselves out of the European economic crisis. From Tim

This article discusses how petroleum countries in South Africa were fined for price-fixing. This is an example of large firms who form a collusive oligopoly, because they are working together to agree on prices that will maximize their joint revenue. However, due to the fact that this means higher prices for consumers, it was an illegal agreement and so the firms are being fined.

This article demonstrates opportunity cost because a rise in government revenues may lead to a shortfall in private sector investment.

"Wal-Mart's influence on the U.S. economy has reached levels not seen by a single company since the 19th-century rise of Standard Oil, economists and historians say" To state that Wal-Mart is huge would be an understatement and in my perspective, it is the perfect example of economies of scale. The article is a bit lenthy though but the points are well explained.

This is an externality of production because the air pollution from the buses imposes an unpaid social cost upon society; the article then discusses how the government plans to fine people to deter this activity and raise revenue.

Hello, In this article it talks about how South Sudan has suspended its oil production due to a disagreement with the Republic of the Sudan. South Sudan says it will stop its oil production because it does not want to share its revenue with Sudan. Sudan has accused the south for not paying transport fees, because the south has all the oil fields however, it relays on the north because south Sudan does not have a port and uses Sudan's port to export their oil. South Sudan claims that Sudan has stolen $350,000,000 worth of crude oil as an exchange of their transport fees. The two countries are know in Ethiopia trying to settle an agreement in which the south can use the north in order to export their oil.

Recently, the NFL's Buffalo Bills made a deal with the city of Toronto to hold a certain number of regular and preseason games at the Rogers Centre in Toronto. However, due to scheduling conflicts, one of the games has had to be dropped, but the Bills say that the price of the tickets won't be going up because of it, but actually going down to increase demand. The NFL can be considered a monopoly because there is no professional football league like it in the world, and its annual revenues are huge.

This article talks about how forecasting demand influences the setting of prices. Producers use online tools to predict demand and hence set the prices. If generally consumers are confident with the products, the demand rises, and equilibrium prices will go up because the demand curve shifts to the right. When supply and demand are almost at equilibrium, the prices will tend to become more stable.