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Home/ IB Econ HL Section B/ Contents contributed and discussions participated by catherineechl f09

Contents contributed and discussions participated by catherineechl f09

catherineechl f09

Buffett sour on Kraft's candy deal - 2 views

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    This article talks about the merge between Kraft and Cadbury, and Warren Buffett's criticism of the merge. The acquisition of Cadbury is not cheap: it is an approximate 19.6 billion dollars. Will the decision improve Kraft's overall worth and standing in the market?
catherineechl f09

Intel promo points to new Core i5 MacBook Pro | Circuit Breaker - CNET News - 0 views

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    This article talks about how Apple uses advertising and promotions to encourage consumers to purchase Mac products. Rather than competing with price, Apple promotes its products by incorporating new software, like the Intel Core i5 processor. This way, Apple competes with higher level software, rather than with a more competitive price.
catherineechl f09

Lotterman: Free-market incentives mean the poor pay more for health care | Business | I... - 1 views

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    This article addresses the price discrimination in the American healthcare system. It pertains to both medical treatments and procedures, as well as medications. Specifically, it talks about the price discrimination that occurs against the lower and middle classes. This is a growing problem, seeing as many treatments are becoming highly advanced (and therefore very expensive).
catherineechl f09

Where Google Goes From Here - NYTimes.com - 0 views

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    This is a discussion between specialists Ken Auletta, Fred Wilson, and John Markoff concerning Google's current position in the market and where it may hope to progress in the future. Since Google has few competitors and many economies of scale, it is very close to a natural monopoly. However, what will happen to Google in the future? What about developments in technology and industry? Google will have to work hard to stay on top.
catherineechl f09

VIVANEWS - Carrefour Involved in Alleged Monopoly Case - 0 views

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    Carrefour Indonesia is in hot water with the Business Competition Supervisory Commission. Carrefour has been accused of causing unfair business competition by purchasing over 50% of market shares in the modern market. In this case, monopoly is not rewarded, but rather punished.
catherineechl f09

Chicago News Cooperative - Company Piles Up Profits From City's Parking Meter Deal - NY... - 0 views

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    In Chicago, parking meters are a profitable deal. In fact, Chicago's parking meter operators are bringing in a profit of approximately $1.1 million per week. Recently, Chicago Parking Meters LLC purchased the right to all parking fees in the city for the next 75 years. The profits will be huge, especially with the city's 36,000 parking meters.
catherineechl f09

Small Carmakers Benefit From Detroit's Headaches - NYTimes.com - 0 views

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    Small carmakers continue producing a wide range of cars that can appeal to various customers. The most noticeable factor is the variety of brands competing with one another. This competitive market is entirely about cars - both imported and domestic.
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.
catherineechl f09

Devon profit falls 81%, but beats target - MarketWatch - 0 views

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    This article examines profits, production, and also the costs of necessary expenses. It looks at the changes that have occurred in the Devon Energy Corporation since last year. It also looks at how lower product costs affect production of the corporation.
catherineechl f09

Mexico peso, bonds sink on tax plan worries - 0 views

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    Mexico is heavily dependent on oil funds. However, amidst the decline of the oil revenue, lawmakers have proposed an increase in the nations VAT to offset losses. Will the raise in taxes help Mexico's economy? Or is it a tax that is unfair to the nation's population?
catherineechl f09

Luxury car sales drop by over 10% - 1 views

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    With the current recession, many consumers have switched from luxury car brands to inferior ones. With the decrease in income, people have switched to car brands that are more affordable but still enable mobility. As a result, the luxury car industry has seen a decrease in sales from previous years.
catherineechl f09

Proposed Tax on Sugary Beverages Debated - NYTimes.com - 3 views

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    With growing health concerns like obesity and diabetes, the US government is considering placing an additional tax on sugary drinks. The profits from the tax could go to fund health care initiatives. Soda is fairly price elastic - if the price were to change drastically, the demand for it would most likely decrease. So, either people will immediately curb their appetite, or the government will take the additional profits from the tax to educate the population about the adverse effects of sugar overdose.
catherineechl f09

FT.com / China / Economy & Trade - US clashes with EU and China on trade - 1 views

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    The price controls implemented on products like seamless steel pipes have caused a glitch in fair trade worldwide. As a result, imports from China have surged and domestic producers have accused the Chinese government of setting unfairly low prices. Another problem undergoing scrutiny is whether or not Beijing has been manipulating its currency.
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.
catherineechl f09

Deep Oil, Deep Unknowns - Forbes.com - 1 views

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    With the increasing demand for oil, developers are looking into projects like the Lower Tertiary in the Gulf of Mexico. While such developments could produce as many as 15 million barrels of oil, they would also be plunges into the unknown. Not much is known about the Lower Tertiary, and therefore any possible developments there could obtain less oil - and less profit. However, because oil is in such high demand internationally, the oil developments may actually prove to be economically beneficial to oil producers, given that the producers are willing to take the high risk in searching for the oil.
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