IB Economics B

This article is an opinionated view on price controls regarding prescription drugs. The author, David B. Kendall, wishes that the US will not import foreign price controls on prescription drugs and instead create their own thus making them completely tailored to the US' needs and limitations. This is because of safety concerns of some foreign drugs that can not be regulated by the FDA (Food and Drug Administration).

in this article it is said what are the prices of Caviar why it has increased with such a huge interval it was said that 10 years ago caviar only cost 750 and now it costs so much. it shows how price rises on a specific product because of an increase in demand.

This article is a report on the state of burial prices in Hong Kong greatly affected by the lack of supply of room for the dead. For private burials, the costs can go well beyond $25,000!

this article shows the situation in today's Hong-Kong where supply curve has moved to the left because of an increase in prices and demand curve moved to the right, because demand has increased this is caused by a lack of room( supply), so a new equilibrium is now formed which i think will soon change because of a resource being scares which will increase price even higher

this article shows the situation in today's Hong-Kong where supply curve has moved to the left because of an increase in prices and demand curve moved to the right, because demand has increased this is caused by a lack of room( supply), so a new equilibrium is now formed which i think will soon change because of a resource being scares which will increase price even higher.

This is an article that talks about how the silver demand is rising because of the economic crisis and the general want to invest in safer values such as precious metals. That's why silver price is rising.

Silver has became a precious resource that only a few of lucky people can have. Its demand has rise due to the fact the economic crisis has affected a lot people's economic prospectives. Therefore, the prices have increased and this is producing others to invest more in metal than silver.

This article talks about how oil prices are starting to rise because of the lack of supply in France.

This article reflects the situation from which France is going through nowadays. In other words, the supply curve has suffered a change to the left, because prices has become higher. In the other hand, the demand curve has shifted to the right, because, the demand has increased due to the scarcity of this major resource that people use everyday.

The U.S. is pressuring China to take part to a trade of rare earths used for wind turbines or batteries. China refuses though because it must ensure that the resources they have are sufficent to cover the country's needsbefore thinkng of exporting. This indicates that the supply of rare earths is not sufficent in the countries that pressure China to export them. this concept can also be reconected to the idea of scarcity.

This is about the odd crop prices as of late that have baffled economists because they go against what would be expected given the present economic conditions. It is interesting and pertinent because it has heavily to do with supply factors.

This article states that China will increase purchases to replenish stockpiles over declining supplies from floods and heavy rains.

This article is about how a study shows that people in a decade will be more likely to have cancer, this will create a demand which can't be met. This meaning that there will be a need for oncologists, and the supply isnt enough.

This article talks about how the estimations of the biggest coffe producers are going dow as well as their supply of this food

This article is about a discovery of water on moon and how it could be used by astronauts. in one word is a great discovery in addition in this article is also said how this water discovered was discovered

manufacturing in China is about to get far more expensive.Soaring labor costs caused by worker shortages and unrest, a strengthening Chinese currency that makes exports more expensive, and inflation and rising housing costs are all threatening to sharply increase the cost of making devices like iphone

This article talks of the problems that will be caused if and when the FDA accepts genetically engineered salmon.

This article gives a good example of where the demand for food at a food pantry is greater than the supply which is a problem during these times of economic difficulties.

This article talks about creating a water reservoir in Hindhead area. ( A small village in England). About 12,500 customers from different areas will benefit from this scheme. Creating of the scheme will cost £2m and it will be done by late November

The article states that Verizon's revenue dropped 2.9% in the third quarter of 2010 to $26.5 Bn. Although this surpassed analysts expectations, it was poor in comparison to AT&T's (Verizon's rival) earnings for the third quarter. The success of AT&T in this quarter was attributed to sales of the iPhone in the wireless mobile devices market. Verizon has therefore opted to shift supply to concentrate more on the growing smartphone market, investing heavily in 4G data transmission infrastructure to compete with AT&T. A new tiered pricing model is also being introduced to entice customers to purchase smart phones from Verizon. This aptly demonstrates the price mechanism as a signal to producers in a market economy - if competitors are supplying a profitable product/service, other firms in the industry will also shift supply to produce that product/service to attract high profits.

This article talks about how a decrease of meet demand would mean a decrease of earnings so it involves a decrease at quality.

The article discuss how despite the world wide economic crisis, Coca-Cola is able to not only stay afloat but they have manage to increase the net income in the US and around most of the world. Demand for Coca-Cola will remain stable or grow despite the world economy.

This article talks about the steel demand and how it continues to increase. It predicts that steel demand will rise 5.3% in 2011. It also mentions places where steel demand is higher than others.

Merab i agree with you its an important issue i also found a website where is said how organizations are trying to increase the recovery rate of this product. http://www.ibtimes.com/articles/68203/20101004/steel-demand-china-india-us.htm

here are two websited which show how lumber demand dropped down from 2002 till 2009 and how it begun to increase in 2010 and what will be approximate price. its interesting as forests get less but demand rises. here is specific information about us how and why did lumber demand fall down and why it increased. in addition here is and this is an excellent website that tells us how we overexposure use of lumber and what will happen: its interesting http://www.idahoforests.org/wood_you.htm#top