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An indigestible problem - Why China needs more expensive burgers - 0 views

www.economist.com/...17257797

prices China currency exchange Big Mac undervalued overvalued

shared by Wonwoo C on 18 Oct 10 - No Cached

Wonwoo C on 18 Oct 10

The undervalued and overvalued currencies are having a war against each other - each struggling to either lower or maintain their value. Since the worth of the currency strongly affects exports, this phenomenon is quite crucial to our lives. The article presents the issue through the prices of Big Macs.

<div class="cArrow"> </div><div class="cContentInner">The undervalued and overvalued currencies are having a war against each other - each struggling to either lower or maintain their value. Since the worth of the currency strongly affects exports, this phenomenon is quite crucial to our lives. The article presents the issue through the prices of Big Macs.</div>

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Mac laptop prices steady as Windows prices fall - 2 views

news.cnet.com/8301-13579_3-10008602-37.html

laptops prices cross elasticity XED Elasticity

shared by Javier C on 30 Nov 10 - No Cached

Javier C on 30 Nov 10

This article talks about how Windows laptops prices are falling while Mac ones are remaining the same, what will definitely lead to a decrease in demand for Apple laptops as their XED is negative and are substitute goods in direct competition.

<div class="cArrow"> </div><div class="cContentInner">This article talks about how Windows laptops prices are falling while Mac ones are remaining the same, what will definitely lead to a decrease in demand for Apple laptops as their XED is negative and are substitute goods in direct competition.</div>

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