Skip to main content

Home/ Economics HL - Jacob Solomon's group - Year 1/ Group items tagged quality

Rss Feed Group items tagged

Nadiya Safonova

Very Bumpy Public Good - 1 views

  •  
    This article discusses the issue in the state of California of poor road quality. It is causing citizens to pay extra money each year for car repairs...the money for car repairs in California exceeds every other state. So this article shows an example of poor quality public goods. Like I mentioned in my comment in the class discussion, government intervention eliminates competition, which can lead to a poor quality product...well this is an example of poor quality public good. No toll highway or road would ever be poor quality and have holes and bumps.
Dan Call

Monopoly on dirty air - 1 views

  •  
    This article from New York is about air quality. New York recently failed an air quality standard test, from a company that has according to the paper a monopoly in their market, and whether it is right that this is the case.
Olachi Nwabuikwu

BBC News - Somalia famine: UN warns of 750,000 deaths - 2 views

  • "In total, 4 million people are in crisis in Somalia, with 750,000 people at risk of death in the coming four months in the absence of adequate response,"
  • 'Not short-term'
  • "Even if we are able to get food and supplies to the main ports of Somalia, I think there is a real challenge in being able to deliver that assistance - what I call the 'last-mile' problem.
  •  
    Now for Somalian citizens who are faced with a compulsory pattern of living with famine, scarcity can be thought as not invited but already a citizen, despite the environmental constraints of hydro climatically-induced water scarcity and the considerable fluctuations which characterize the natural freshwater supply supposed to exist; a water-stress routine is now an impact on the responsibility of improved water supply for self-sufficient crop production (resulting in lack of food and crop production) as well as the number of these Somalian individuals desperately depending on any flow unit of water available to them from the water cycle. Sadly as stated it is not of a short term crisis but if seen in a medium-term-perspective, water may not be readily available to support improved life quality for this growing African population, so the economy therefore is faced with a great deal of scarcity without knowing what to do about it.
Lola Z

Apple in South Korea: Samsung, patriots and the iPhone | The Economist - 0 views

  • And in June of this year, Samsung launched its Galaxy S on the same day Apple launched its iPhone 4.
    • Lola Z
       
      Iphone 4 and Galaxy S are very close substitutes to each other.
  • Newspaper, magazines and power-bloggers are making hectic efforts to praise the Galaxy S as the ultimate iPhone killer. Galaxy S is a good product, but I am so sick of those ‘iPhone killer phones’ comments.
  • They don’t deny the quality of the Galaxy S, and are well aware of iPhone 4’s reception problems; they are just not thrilled at being pushed into buying Samsung.
1 - 4 of 4
Showing 20 items per page