Group items tagged

Labour has cast doubt on the future of HS2 but just what are the arguments for and against a new high-speed rail link? This article is about the discussions in England, about a highspeed trailway system. Authorities are arguing if it will be for the benefit or disfavor of the country. The opportunity cost for connecting the urban and rural areas and providing ultimate transportation between big cities and small towns; is the extreme flow of money from minor settlements to metropolitan areas, causing a huge economic leap and difference between them.

This is an article about the opportunity cost of buying several models of Porsche 911. It mainly focuses on different variations of opportunities of purchases rather than buying one Porsche 911.

In order to meet the demands of electricity in Nepal as well as export electricity to power-hungry India, the Nepal government agreed allow GMR to construct the 900-megawatt Upper Karnali hydroelectric power plant in the northwest. The project set for completion in 2021, which will provide 12 per cent energy free to Nepal to ease a crippling power shortage and help its economy emerge. An agreement was signed to construct transmission lines across the border to transmit the remaining electricity to India, which can help reducing the extreme scarcity of electricity in India. I agree with the project because this can decrease the scarcity level in both Nepal and India.

I think that this article is strongly connected to what we have done this week. First of all, we have learned what opportunity cost is. Secondly, just like we did in the shipwrecked activity, the article is about the opportunity cost in our daily lives.

Continue reading the main story The head of the Fiat Chrysler car group says Ford's profit warning this week has sent shockwaves through the industry. "All of us are still reeling from the effects of the Ford announcement," said chief executive Sergio Marchionne, speaking at the Paris Motor Show.

Lexington, Kentucky (CNN) -- Obamacare is expected to increase patient demand for medical services. Combine that with a worsening shortage of doctors. So this article explains the shortage supply od doctors and nurses and the increased demand of paitent needs as they now all need to have healthcare insurances and want to take advantage of its use.

It is no surprise that smartphones are becoming more and more common. This article from TechWeek Europe displays how and why they are so popular. Especially the low costs increase the demand and encourage the buyers to switch to smartphones.

Fuel is a non-renewable resource that is in the brink of extinction today. This has caused the price of fuels to sky-rocket. Airlines is a huge industry affected by the price hike. People all over the world now prefer flying than going by train.But the increase in fuel price has affected the price of airlines tickets. The prices of the tickets are high now, and airlines are losing their customers, reduce in the demand.

Americans have a rising demand for British hop beer.

This article underlines how scarcity of one resource affects the availability of another. Many of you shared articles concerning about the current water scarcity. Here, you will se how this water scarcity has affected the cotton crops.

This article is about high-end watch brand Tag Heuer cutting management and production jobs after a slowdown in demand for its luxury timepieces.

The luxury watch brand Tag Heuer is cutting down jobs in management and production as the demand for luxury watches are decreasing. The company has laid off 46 positions. And 49 people are temporarily laid off until the end of the year.

this article is about whether or not the prices of oil are going to go up or not. Oil is in high demand so the price is changing so oil companies can make more money off of it. chaging the price will make the demand for the product change.

The robusta bean, commonly used for making coffee, is going up in price as the result of the growing demand for coffee. The demand for the robusta bean has grown greatly over the last years as a cost friendly alternative to the more expensive arrabica bean. The gap in price between the robusta bean and the arrabica bean are closing in on each other, as more businesses are looking to minimist costs.

This article is about increase of demand for iphones after new seizes and innovations on Iphone6

This is an article on how the house prices have and outstripped the number of properties coming onto the market,in Scotland on account of extreme interest rates.

This article indicates how demand and supply factors function in a market. The demand for houses are increasing therefore prices of the houses are increasing. However as houses cannot be supplied instantaneously there is a lag in the supply of houses.

"Natural gas briefly sank to its lowest level in a month as forecasts for warmer weather point to lower expectations for heating demand. Natural gas for November delivery is down 12 cents, or 3%, at $3.919 a million British thermal units on the New York Mercantile Exchange." In this article, you can see that because the factor of the environmental conditions (warmer weather) is lowering demand for heating systems, natural gas stock is going down its demand curve - te quantity stays the same while the price lowers.

As the growing demand for chocolate in Asia specially in China, it is predicted that the price of chocolate could soar over the next few years and the exports stated that the demand could become unsustainable by 2020.

This is an article about abundant supplies and weak demands which have driven global oil prices to levels not seen since 2010. The slump is accelerated by some comments from an oil nation. It is accelerated to keep output stable even if it means to drop the prices further.

The WSJ's Numbers "guy": The true cost of electricity is difficult to pin down. That's because a number of inputs comprise it: the cost of fuel itself, the cost of production, as well as the cost of dealing with the damage that fuel does to the environment. Energy Points, a...

Gov. Jerry Brown signed legislation on Tuesday overhauling the state's management of its groundwater supply, bringing it in line with other states that have long regulated their wells. This is really important because california has large agriculture based businesses (central valley). In fact, the oppositions to the legislature were people in the agriculture business. This potentially allows water companies and regulators to intervene if water use is excessive or improper. This is an article directly discussing scarcity of water and natural resources and how the government regulates these resources. This passing of this legislature could also have some opportunity cost along with it; less water=maybe more expensive food, less food, more chance of dying crops (?)