Article
The Obama administration is proposing an increase in the federal tax on cigarettes from 39 cents per pack to $ 1.01 per pack. In doing so, it hopes to decrease the number of smokers in the United States, and prevent people from starting smoking.
The US government is implementing this tax because it believes cigarettes to [...]
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Video Is Dominating Internet Traffic, Pushing Prices Up - Bits Blog - NYTimes.com
The article “Video is dominating internet traffic, pushing prices up” talks about expected changes in the
market for broadband internet. It informs the reader on the change in demand for broadband and is posing the question how the prices will change in the future.
The [...]
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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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Article: http://www.dailytarheel.com/news/state_national/demand_exceeds_number_of_inauguration_tickets
The inauguration of the first ever African-American president of the United States is a much anticipated event, as Barack Obama continues to be in the spotlight as the president elect. This article talks about the shortage of tickets to the historic event. In the article it is mentioned that the number of requests for [...]
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Ray Levato, (November 19, 2008), WHEC-TV Rochester, NY;
Shoe repair biz up
In these tough economic times, as consumers’ incomes decline, unemployment increases, and the expectations for the future of the economy worsen, one affected sector is the shoe industry. Consumers are limiting spending by foregoing the purchase of new shoes and rather having their old [...]
During the Bush Administration it has been simple for Americans to purchase guns, but with Obama becoming the new president people are rushing to buy guns before Obama takes over, “fearful that a Democratic White House and Congress will impose gun-control laws or taxes on firearms”.
One determinant of demand (the quantity of a good that [...]
Commentary Number: 1
Title of Extract: Price of place in the sun goes south
Source of Extract: The Observer
Date of Extract: 14/08/08
Word Count: 747
Date the Commentary was written: 06/12/08
Section of the Syllabus to which the Commentary relates: Microeconomics: Demand and supply - The Interaction of, and applications of, demand and supply - Elasticities
Candidate Name: Ultan Whelan
http://www.guardian.co.uk/money/2008/sep/14/buyingpropertyabroad.property
Over the [...]
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News article (NOTE: translated from original German newspaper article):
BERN. Smoking in Switzerland is going to become more expensive. Yesterday the government put into effect a new tax of 0.30 CHF on every pack of cigarettes sold. Commencing in March 2009 the most sold brands of cigarettes will cost 6.90 CHF. According to the government, a [...]
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Starbucks rivals seen slurping up its sales
Fri Jul 25, 2008 8:25pm EDT
By Lisa Baertlein
LOS ANGELES (Reuters) Costs of production increase, consumers’ incomes decrease, the number of substitutes are growing rapidly and Starbucks is struggling to keep up. With the price of raw materials and transportation rising, Starbucks has had to cut back by closing 600 [...]
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Abstract:
Once the go-to place for low-cost manufacturing, companies who source from China have seen their costs rising. Thanks to a “series of sweeping mandates introduced to pacify discontented Chinese citizens and global critics”, of which includes environmental reforms and labour laws, China has become an expensive place to manufacture and source for [...]
Continue reading about In China, Outsourcing is No Longer Cheap »
