Thursday, April 23rd, 2009
Article
Due to lack of proper disposal facilities, radioactive nuclear waste is piling up at hospitals and research institutions around the USA. The waste may be considered to be consumed by the hospitals and research institutions, as it is a product of things such as medical equipment they are using, and it is being kept by [...]
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Posted in Environment, Externalities, Free Markets, IB Economics, Market failure, Microeconomics | 1 Comment, join in » |
Friday, January 30th, 2009
DB warns of packaged beer price rise next year - Breweries news - NZ Herald - NZ Herald News
The article presents the situation of suppliers in the packaged beer market. The suppliers are warning consumers that the price of beer will go up, due to the mounting costs of the factors of production, such as [...]
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Posted in Determinants of Demand, Determinants of Supply, Elasticity, Factors of Production, IB Economics, IB Student Blogs, Law of Demand | 7 Comments, add your own » |