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this article talks about how Curitiba is trying (as usual) to not waste the scarce resources that we have by reducing (or trying to reduce) the combustion of fossil fuels so Curitiba (and many parts of Brazil) is taking one step closer of being a sustainable place.this articles also shows that the people who are producing this product analyzed what the people in the urban areas want most (transportation)and then tried to meet there needs, so the demand for this product is great and may mean that the materials used to make a regular car are used to make BRTs

This article is about the newest products Apple came out with, the iphone 6 and the iphone 6 plus. It shows how the production of mostly of the iphone 6 plus has been sold out since its debut and that they were not expecting this through there expectations. Now they are accomodating the production lines for the iphone 6 plus.

The ubiquitous coffee chain is slashing prices on its packaged coffee by 10 percent - from $9.99 for 12 ounces to $8.99 a bag. Starbucks raked in $380 million from non-café sales last quarter - with a profit of about $2.55 per bag. The article indicates how in order to increase the quantity demanded for the baged coffee they will have to decrease its price.

In my opinion, this article is a great example what companies can do to keep up with the competition in the market and to increase the demand. It also shows how effective competition can be on even major companies such as Starbucks.

I think this is a great article to show how Starbucks is using price mechanism as a factor in competing against it's competition. It shows how a major company like Starbucks can become the market leader.

This article is about the new tax on soda in Berkeley, California. Apparently soda is now being taxed for 1c per ounce of soda. This tax (measure D) will levy a 1-cent-per-ounce tax on sodas and sugary drinks, and the money will go to the city's general fund. This measure wasn't intended to create funds for a specific purpose therefore it only needed the majority vote for it to pass. On the other hand, san francisco had a specific use for these excised taxes so it needed 2/3 vote for their proposition to pass (prop E). Furthermore, the excised tax for San Francisco would have been 2c per ounce of soda. This tax has been predicted to impact low income households since soda is predominantly consumed by them. This then leads to an overall increase in grocery bills, since the taxes aren't just levied on soda brands but also on grocery stores. This means that grocery stores may raise overall prices (of all goods) to pay the tax on soda.

According to this article, there is a sharp increase in the price of beans used to make coffee drinks and therefore an increase in the coffee drinks themselves but it is not affecting the amount of people that still purchase the coffee. The article states that the people are very committed to their coffee drinking the substance in an almost 'ritualistic' manner. In this circumstance, the coffee can be thought of as having very inelastic demand.

This article talks about the sharp decline in oil prices this summer after an abundance of the good was extracted. The article also points out that the demand for oil still remains relatively constant. This increase in just supply - in accordance with the price mechanism - brought down the global price of the commodity in order to once again equilibrate the market.

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.

This article shows opportunity cost because the health care systems of Liberia and Sierra Leone must dedicate the entirety of their resources - space in hospitals, as well as equipment (capital) and the labor of the doctors -so that the system is unable to take care of people who are sick with diseases other than ebola. They must allocate all their resources to ebola, and none are left over for victims of other diseases.

The holy river of Ganga that flows through new Delhi, capital of India, supports the lives of people living in about 118 towns. Over time this river has become highly polluted; some factors to blame for this would be modernization and ignorance. During the summer of 2014 a new Prime Minister was elected who has set up a project to clean this water body. The opportunity cost in saving this water body is time and financial resources. Roughly, it is said that the government plans of completing this project over 18 years while using millions of INR. The government is giving up these valuable resources to achieve something that is of high importance.

In the last year, the most important question for U.S. economists and economic journalists has changed from Where are the jobs? to Where are the wages? It's a problem best summed up by Matthew O'Brien in the Washington Post. As the labor market approaches full employment, there should be more pressure on wages to rise.

Mark Bittman has a piece in the New York Times where he analyzes the "true cost" of hamburgers. There are some things right with the piece and some things wrong. In general, thinking about the costs of meat consumption is important, and casting the discussion in economic rather than moral [...]

"R.I.P., inflation. You had a good run, but it's over now that prices are rising less than 1 percent in the United States, United Kingdom, Europe, China, and Japan." Inflation is one of the main effects of economic growth in a country, indicating that the economy is in the "boom" phase. However, after a boom there will always come a recession, meaning that rates of inflation will decrease and give way to the problem of unemployment.

Gasoline prices fall at different rates in each U.S. State due to different price elasticities in various areas. Some of the states with the highest rates of falling prices have the highest availability of close substitutes due to lots of oil refineries in the area, meaning that demand for gasoline is more elastic there.

Thanks to falling oil prices, America's motorists are enjoying gasoline prices about 20 cents per gallon cheaper than this time last year. The big move has come since July, with prices down about 15% nationwide - or nearly 50 cents - to an average $3.14 a gallon, according to data from Gasbuddy.com (find your state on our map below). Naturally, this has a stimulus effect on the U.S. economy - saving us about $100 billion in annualized fuel costs, according to economist Ed Yardeni. That works out to about $300 in annual fuel savings for every American. Just in time for the holiday season.

in this article its talking about how the price of oil drops and continues to drop. and the most likely reason for this is that the world is loosing the amount of oil it once had. So since the world is loosing the amount of oil it once had the price keeps dropping. as there is a lack of supply of it

This article discusses how the price of oil has slumped from $115 to $92, a decline of 20% and the lowest for more than two years has in turn increased the quantity demanded for the raw commodity of oil. The article also discusses how this chain of events will allow for an increasing equitable distribution among consumers.

The article discusses how determinants of growth like state capacity, developmental expenditure, capital expenditure and doing business was not easy in West Bengal. The article also quotes statistics such as how the West Bengal was now slightly above the BIMARU states in terms of per capita SDP, the human development index was also slightly better than average, while the quality of higher education and infrastructure was poor.

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.

Liberia was going through a lot of deforestation, and was going to become the number one deforested country. Therefore Norway has jumped in to help with this crisis, by saying they will help pay for development aid, because there have been fears that the Ebola crisis would increase the logging in Liberia, who are really desperate for cash. This part of the news shows how Liberia would cut all their trees and take away all of their valuable resources for the money to help cure it's people. As of now Norway will pay the impoverished West African country $150m (£91.4m) to stop deforestation by 2020.

A new report from the Organization of Economic Co-operation and Development, which represents 34 mostly developed nations, said the rise in income inequality hurts economic growth. Today, the richest 10% of the population in member countries earn 9.5 times the income of the poorest 10%.

The head of Jersey Electricity Company has defended the decision to put electricity prices up by 25% at the beginning of 2009. Since then the company has reduced its charges by about 5% percent. In 2009 the company made a profit of nearly £10m, which was down 10% on the previous year.