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meiechl f09

Revenue and Profit Declines at Times Warner - NYTimes.com - 0 views

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    This article is about the declining revenues and profits at Time Warner, one of the world's largest media firms. Time Warner owns news corporations such as CNN, TNT and HBO. The main reason for this is declining DVD sales, but the loss in profits also reflects the change in the way people are viewing and consuming television and movies.
marcelorodriguezechl f09

Google and China: Silicon Valley Is No Longer King - TIME - 0 views

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    This article mentions one oligopoly, relating to the internet, in which several competitors, including Google, eBay, Yahoo, have found several barriers to entry the market in China due to censorship.
saraechl f09

Europe's New Economic Strategy: A Miracle Cure? - 0 views

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    In this article, the EU has come up with a strategy to improve the economy and pull itself out of recession. This shows the Keynesian view because the EU is trying to reach the third stage of the Keynesian view.
masayaechl f09

U.S. Deficit: Higher Taxes Needed to Cut Rising Debt - TIME - 0 views

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    The article mentions about United State's debt expanding like a baloon, soon to blow up and fail the economy. During a recession, the govenrment must keep on running the economy even at budget deficit so they must keep on borrowing money. Yet, these loans must be returned in some way, and article reports a possible higher tax coming soon to compensate the loans.
saraechl f09

Toyota's Safety Problems: A Checkered History - 0 views

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    This article talks about how Toyota's electric car has always had problems that need to be fixed. Toyota manages to solve thes problems and always brings back a better model. This article relates to Public Goods because the electric car is an invention that was created to help with air polution. Air is not something that can be bought or sold, and it is our reponsability to keep it clean. Toyota's electric car is providing an alternative to only using petrol to power cars.
saraechl f09

Electric Cars - 0 views

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    This article is talking about how different car companies are starting to sell electric cars because consumers have become interested in helping the environment. In response, car companies have started to produce environmentally friendly cars to apease the consumers. This shows non-price discrimination in the consumer because they are no longer looking for the lowest prices, they are looking for the most environmentally friendly.
catherineechl f09

Energizer Bunnies: Turning Rabbits into Green Fuel - TIME - 0 views

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    How far will a nation go for energy? Sweden is now allocating its resources in a more productive manner: bunnies are turned into heat. Due to the overpopulation of rabbits in the region, Konvex, an incinerator firm, uses rabbits to heat homes in Sweden. Since there are so many rabbits, representatives explain, this method is quite efficient in terms of energy production.
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    That's a reall interesting article. Who would think of burning rabbits to make green fuel? It is efficient but it might cause a problem with the animal rights groups.
joshuaechl f09

New fire stations have cut response times, report says - 0 views

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    This article gives an example of a service that causes positive externalities. It describes the addition of two new fire stations. According to the article's report, the positive externality of this service is that response times have been dropped by an average of 30 seconds, which can be the difference between life and death.
marcelorodriguezechl f09

Unemployment Rises in 30 States in January - TIME - 0 views

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    This article explains how unemployment is still increasing in the US, how it rose in 30 states, going as high as 14.3% in places such as Michigan. Record-high joblessness is greatly affecting most of the states in the US, having in most an unemployment rate of above 10%.
issaechl f09

When Are Cigarette Taxes Too High? - TIME - 2 views

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    In this article New York City's health commissioner believes that the demand for cigarettes is price elastic and that with a high enough increase in price, there will be a large decrease in demand. This is contrary to the the notion that addictive goods have inelastic price elasticity of demand.
catherineechl f09

Can Crocs Be More Than a One-Hit Wonder? - TIME - 1 views

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    The prices of the once popular Crocs must now be altered to suit the falling demand in the market. When Crocs hit their peak popularity, the demand for the shoes increased greatly. Millions of pairs of shoes were produced and sold. Then, demand fell but supply was still high, and now the prices Crocs are selling for must be adjusted so that the demand for them will potentially increase once again.
meiechl f09

Global Times - Rising oil prices affect logistics firms - 1 views

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    This article from the Global Times is about how rising oil prices are affecting logistics firms. As logistics firms are involved with the transport of goods, oil constitutes a large part of their costs. In the past, these companies have been able to neutralize rising costs by increasing their service fees, but now that the economy is on the rebound, this isn't as easy.
issaechl f09

Amid Tumbling Sales, Chrysler Looks to Future - TIME - 0 views

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    Chrysler looks to decrease costs by improving efficiency and productivity. They planned to reduce costs by making the type of car they created variable in the long run. The new short run as a result of this new, cheaper car has the cost of production of the new Chrysler at a lower fixed cost.
matteaechl f09

With the Figo, Ford Tries to Crash India's Car Market - 0 views

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    This article talks about Ford Motor's involvement in the auto market. The article cites statistics showing that sales are falling, which means that the demand is elastic. The attempt to sell cars for a low price in India also shows that the demand for cars is elastic, as people are not willing to pay a high price for them.
meiechl f09

Ennahar Online - Smoking will be more expensive! - 1 views

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    This article from the Ennhar Online shows the relative inelasticity of demand for cigarettes and tobacco in Algeria. The government has increased the price of cigarettes, tobacco and chewing tobacco several times, as well as imposing a hefty tax on importing and producing tobacco related goods. However, this has had little effect on the people of Algeria, who continue to smoke despite increasing prices. Because tobacco is an addictive substance, this has caused the PED to be inelastic.
meiechl f09

Female longevity hits 80 for first time - Sciencedude : The Orange County Register - 0 views

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    Although one of the world's most prosperous nations, America does seem to lag behind most in one area: life expectancy. This is due to the generally unhealthy lifestyles of Americans and the inequalities between African Americans and whites. This article finds however that the gap between the two races is slowly narrowing, and life expectancy as a whole is increasing.
joshuaechl f09

Everyone Else Is Keynesian Now - 1 views

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    This article shows that the practice of Keynesian economics is becoming more heavily sympathsized with than it was in the past due to the tough global economic times. It quotes a report as saying "The world has embraced this Keynesian moment, when greater government intervention in the economy has proven crucial."
marcelorodriguezechl f09

Wal-Mart to continue discounts, deals after Christmas - Yahoo! News - 0 views

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    This article relates to price discrimination with time as facor, since Wal-Mart is charging different prices at differents moments of the year, under the title of discounts.
catherineechl f09

The world's radioactive rubbish is piling up | The Japan Times Online - 1 views

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    Many nations (such as the United States) depend on nuclear energy. In U.S., for example, nuclear power makes up approximately 20 percent of the total energy used. However, nuclear power produces nuclear waste, a dangerous negative externality. This article examines the negative impacts of nuclear waste and how it can be handled in the future.
meiechl f09

Playing commodities as interest rates rise - MarketWatch - 0 views

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    The Federal Reserve, the central bank of the United States, have promised to keep interest rates at rock-bottom levels for the time being. Low interest rates encourage investment by firms and spending by consumers. Rising interest rates have a negative effect on storable commodities.
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