Group items tagged

This article says that current financial markets have high cross-elasticity, and this was part of the cause of the recent financial crisis.

The new article is about hte cross-price elasticity of demand is used to see how sensitive the demand for a good is to a price change of another good.

Ozge, this bookmark is not a news article but a revision material which would be useful to include in the wiki study guide. Bookmarks should be 'raw' news articles from the web that will give students the opportunity to use learned concepts to analyse in future blog activities.

as the oil prices increases, high sales are on scooters, bicycle and others.

This is an article about the alternatives to the oil. Due to the high oil prices, demand for substitute goods increases.