Group items tagged

it tells us how the production cost affects other things too.

This article is about the increasing cost of raw materials, and how it may affect the beer production.

This article is in regards to "wholesale" costs rising as Thanksgiving is nearby for North Americans (United States in particular) on products becoming more expensive in which would affect American households when they celebrate thanksgiving.

This article is about the relatively high cost of capital which burdens U.S. industry and banks alike.

clothing business by Faruque Hassan enjoying low costs of production.

Despite rises in revenue due to the Kindle, Amazon's operating costs are rising, hurting their stock prices.

Beriefly, this article is about the rise in gas and electric bills.

This article is saying how a land as barren as that of Nevada, can still make for good trade. Nevada has made itself a place where questionable events may be held. By doing this they give them self the comparative advantage in tourism. Tourism may not seem like a good but it is. Nevada, by hosting these events, give the tourist an incentive to come. Nevada has made itself more profitable than other tourist destinations by having things such as Boxing and Prostitution. In the interstate/international market for tourism, Nevada has made itself a top competitor.  In the economic terms, Nevada can produce certain services (prostitution, casinos, boxing,...etc) with less opportunity costs (prison, fines, fees,...etc) than the leading competitor. Also it is in a prime location. People from all over the states can fly or drive to Nevada to see the shows and events that would be illegal elsewhere.  This truly shows that with smart planning, any country/entity has the ability to trade successfully. 

This article is about how the Argentinian government is protecting the domestic production of BlackBerrys in order to "cut foreigners' share of Argentina's mobile-phone market". Even though this seems to be a valid case of protectionism, it will "cost $23m upfront, plus $4,500-5,000 a month per worker, some 15 times more than in Asia". This is because Asian laborers and factories have already perfected the production of cell phones. They have the 'factor endowment' in the production of cell phones. This is because to start a factory in Asia, the price is already low. Also the labor is cheap and skilled. The start up price for this endeavor is already going to be $23m, they will also have to train the workers and pay them more than they would if the Argentinian companies outsourced the production to Asia. Another problem with the domestic production of cell phones in Argentina is that Argentina, at this moment, is not known for their production of cell phones. They are not a place in which companies like Motorola or Nokia look for to manufacture their products.  Argentina could do this but it will take them a long time before they clean of their capital debt. In the short run, they will not make any money but nobody knows for sure what the long run has in store for this unorthodox market. In my opinion, Argentina should focus its money on something that will be profitable not only in the long run but also in the short run. This is possible. Argentina has a factor endowment, its tourism. It does not take that much money and effort to increase the amount of tourism in a country that is obviously beautiful and worth seeing. Even if they were not to invest in tourism, they could focus on, for instance, the exporting of more beef or fish. These are things that people already are accustomed to getting from Argentina. It all bundles down to this: when you think about Japanese production, you think cars and phones. When you think about Argentinian production, you

This article discusses China's income distribution gap. It also relates to the methods used and the dishonesty China has presented previously. Philosophically, there should be no income gap because of the basic concepts of communism, but this is not the case.

Airport tax will leap by up to 55% from Monday, adding hundreds of pounds to the cost of family holidays abroad. In the article when you read in detail you can see price control of government about the "tax" issue.

The article is about the fall in the revenue of Microsoft. The company is facing the most difficult days ever. 1000 employees have been fired to reduce the cost of production.

NI Water needs to increase its efficiency in order to be up to the standards of other British water comapanies.

A story about how the internet is going to be more regulated. This is a stretch but hear me out: net neutrality is what makes everyone equally important on the internet, now there will be more barriers to entry, greater startup and sunk costs for being a pert of the internet.

This article is about Train operators who have been accused of topping up their profits by increasing the cost of car parking. (it is monopoly) Sorry for delay...

Climate change is the mother of all negative externalities. The problem is measuring it: How do you calculate the cost of climate change and then apportion it fairly among the world's businesses

Widespread corruption scandals in India have cost billions of dollars, and are threatening to impede India's GDP and general economic growth.