M2016 Economics SL Mr. Friedman

I think that the amount of resources are surpassed by the demand for chocolate which creates a huge problem.

Dude. this is crazy I had no idea! the demand for chocolate is much too high for the amount china can make. I think that we need to lower our chocolate distribution in order to sustain it for the future.

Europe has had it's first Ebola victim. The disease has killed 3,400 people since March, in Madrid the on October 6th locals are worried about how quickly this will spread. Especially considering that the disease has mutated and is now airborne. Spain worries about the competence of their doctors

This article is about how Soda Maker say that they need to change their strategies, and that SodaStream's woes have weighed on its stock. The company's shares have fallen about 44% so far this year, and they dropped an additional 20% on Tuesday. I found the article very interesting, espeically as SodaStream may not a very huge company and you usually hear about a bit bigger companys.

I am really sorry I tried to open the link after I bookmarked it and this time I needed to log in to see the full article :( I am not sure if it is the same anyone else, because when I first read it, it let me view the whole article.

Prices of robusta coffee beans are up 13% in the past year because of rising global demand, especially among price-conscious consumers in emerging markets like Russia and Brazil. This article shows how price is affected by demand.

This article is about the change of coffee demands and how it affects coffee firms.

This article addresses several economic issues, like the US dollar inflation that is now not even backed by real gold, the demand and supply of gold, the dramatic reduction of this product in certain markets, and how this will affect the market overall.

This article talks about how the demand for laptops was incredibly low during all of 2013, due to the new fad, tablets. It talks about the decrease in laptop shipments and how sales have gone down.

This article talks about how people are doing a 'weekly food shop' less frequently and are buying goods from many shops rather than just one. The Oligopoly market that has emerged in the food industry has meant there is far more competition between stores. This could have advantages for the consumer as more competition potentially could mean lower prices. However there could be big disadvantages for food stores as demand could go down if they cant compete well enough with other firms, hence this causing a shift in the demand curve.

Malaysian palm oil futures ticked higher today, rising for seven out of 10 sessions and trading just below a 17-month high, with strong global vegetable oil demand and concerns over supplies underpinning the market. Exports of Malaysian palm oil products from February 1-25 rose 1.6% to 1,048,311 tonnes from 1,032,104 tonnes shipped during January 1-25, cargo surveyor Intertek Testing Services said.

This article talks about how the new iPhones and the new Galaxy notes will fare in the market. We hear about the demand of these products, more than 4 million copies were sold in the first 24 hours of preorder. There is a high demand for both of these technological devices and the demand is very high, especially for the iPhone, There is a higher demand than they have currently produced.

Hi, There is a web article about the gushing oil demand. Basically is that the demand of oil is the world have been increasing while the production of it have been decresing, That means that the cost is more than before.

Here I found an article that highlights the potential economic threat of Emirates in the American Market. This article basically suggests that the demand for the flights in the US is really high, therefore, Emirates wants to initialize new flights to the US, however, Delta and American Airlines are strictly against the presence of Emirates in the American market. Thus, this article shows how markets can be competitive and substitutes could affect the whole market and prices. It's undoubtedly true that the other commercial airlines should lower their tickets' prices in order to gain more quantity of demand. That's why, the market would be more competitive if Emirates expands in the USA.

Due to the two week Air France strike in September, the demand for EasyJet flights have increased (their planes being 90% full), resulting in £5 million revenue and increase is stokes by 6.4%.

Copper prices ended below $3 a pound for the first time in five months on Thursday, as lackluster economic performance in Asia and Europe and unexpectedly weak industrial data in the U.S. sparked concerns about falling demand for the metal.

(CNN) -- The once-powerful Hurricane Odile weakened to a tropical storm as it worked its way across the Baja California peninsula causing the severe damage at the airport in Los Cabos, Mexico while 15 000 tourists were in the resort nearby. Since the hurricane affected the tourist resort, the prices in the resorts around the area will go down however the demand will go down as well because of the newly set reputation of that particular area. Also, the prices of the plane tickets will increase, together with the demand because tourists as well as the locals want to evacuate as soon as possible from this area. Thus, this article is an example of Giffen good phenomenon.

The demand for the Xbox One suffered in large part because of the price being 100$ more expensive than its competitor the Playstation 4. A change in the price helped increase sales for the Xbox One allowing to be more able to compete with the Playstation 4.

Price of gold is increasing as demand for it is increasing in Asia. This article relates to this week's topic because it demonstrates that as demand of gold is rising, its price must increase because it is a limited source and therefore there can only be a limited amount of people who acquire it - therefore, according to this article, the gold is being allocated to people who are ready to spend $1,400 an ounce .

The USDA is investing in farms to increase production of organic and local goods. This article relates to demand and scarcity seeing as organic and local goods are something that a lot of people want but not many can regularly get because of low production and high prices.

Taiwan Cement said it has raised prices in Guangdong province because of rising demand in China's market. This will benefit Taiwan Cement's profit. This is closely related to the demand curve and assumption that due to high demand, product prices will rise.

Short Description: A teacher brings his students cakes and then lets them take only two slices, he then connects this to opprotunity cost in the real world. You only have a certain amount of funds, and you have to make your choice. The cakes represented shares while the amount you could take represented the funds.

Short description: The demand for water bottles has decreased due to the increase in price. Normally, when price increases, the quantity demanded for the product decreases. People want to save money and reduce environmental waste. Environmental groups are also conducting campaigns to persuade water bottle buyers to reject the product as wasteful. Different companies have been cutting their prices in hopes of taking back their customers.