Group items tagged

This article illustrates the differing prices of Apple's iPad devices in various countries. It cites reasons such as proximity to manufacturing base, average GDP per person as reasons for the disparity in prices across the globe. The article implies that the elasticity of iPads would be different in different regions of the world. The iPad as a device is interesting in the study of elasticity as it is akin to other forms of technology that are constantly developing. With more and more technology developing, elasticities for technological products are becoming more and more elastic due to the great number of substitutes available.

THIS ARTICLE DESCRIBES INCOME ELASTICITY CONNECTED WITH HOUSING. IN THIS ARTICLE IS VIVIDLY SHOWN extensivy literature on the demand for housing and problems of estimating income elasticity of demand

This article involves a the average Thai household's rice consumption and the demand elasticity as a a result of this consumption. The authors Somporn Svilanonda and Weerasak Kongrith analyze the patterns of consumption and the resulting price trends.

This article shows how the elasticity of demand is affecting the crisis seriously.

This article gives us an idea of income elasticity with an example of real company Dixon, the electrical goods retailer

This article is about predicting casino revenue and the elasticity of casino use.

This article discusses how lottery ticket sales vary based on income.

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.

This article shows how Americans with a higher income use iPads, e-readers, computers, cellphones more than Americans with lower incomes. This is an example of income elasticity of demand, where an increase in average income among Americans will lead to more demand for computers, cell phones and other electronic devices.

The article highlights certain industries/producers that succeed during a recession, all related to the idea of negative income elasticities or inferior products. Examples from the article include discount retailers such as Walmart, 'sin industries' e.g. cigarettes, selected services e.g. renovation (people focus on what they have and try to improve it rather than purchasing something new). The article also praises firms that tighten up costs and expand on 'core product' ranges and using 'vast economies of scale' to provide affordable goods to consumers.

This is an article examining how other products are dependent on oil, and therefore argues whether or not we are irreversibly dependent on oil. That is, it is examining a cross elasticity between oil and many other products by way of a strong bond between the two.

From Sondos, sent to Mr. Baron: Whilst theinternet and technological developments provide massive opportunities, theyalso create problems. For some time now, newspapers have seen declining sales,as more and more information becomes available online. The higher price ofbuying newspapers decreases their demand all while increasing that ofinternet-based news links. Type something into Google or any other searchengine and you will typically find thousands of relevant articles, even if thestory has only just broken. As revenue from newspaper sales falls, revenue hasto be made somewhere else to continue investment in 'frontline journalism'. Thequestion is: where will this come from?

As I understand this article tlaks about a recession at the sales of houses due to the global crisis. Is a case of YED