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Emran Y

Big Tobacco Takes Its Last Drag As Economic Change Looms - 1 views

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    Ciggarette is a good which is competitive, since it is inelastic Wallstreet is worried about because of the price rised, there can be a probable decrease in demand even though it is addictive.
Ojabo V

Supermarkets could start to close, warns Waitrose boss - 0 views

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    This article talks about how large grocery retailers have had to postpone opening new supermarkets and might have to close down existing ones because of a decline in sales and decrease in income. Because general consumer income is spent less on food and increasingly on other goods like clothing, the quantity of food demanded by the public is going down and this fractional decrease is affecting the retailers.
Cai Z

Price changes for travellers in Bristol - 1 views

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    There have been two significant changes in prices for travel in Bristol. One is the toll on Brunel's iconic Clifton Suspension Bridge doubled from 50p to £1 for a single crossing by car in order to meet the need for maintenance and repair. The another is that the First Group cut bus fares in Bristol and surrounding areas. Single fares for up to three miles were cut from £2.90 to £1.50; 30% discounts were introduced for those aged 16 to 21; half-price tickets were introduced for children from 5 to 15; and the two fare zones for £4 and £6 day tickets were substantially increased in size to attract more passengers and increase the revenue.
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