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Essays 31 - 60

Using Elasticity to Set a Price

of a product then the demand will increase (Nellis and Parker, 2006). This is the pattern for most goods, but not all, as some goo...

Supply and Demand, Elasticity and Monopoly Conditions

converse is true and the supply exceeds the demand, the price will then drop, dropping to a level where it is able to attract suff...

Influences on the Demand Following a Change in Price

this we need to look at the concept of elasticity. To look at the concept of elasticity, it is first necessary to consider the ide...

Marketing Bottled Water in the UK

6 Germany 2,371.5 7 France 2,225.6 8 Indonesia 1,622.5 9 Thailand 1,277.0 10 Spain 1,133.7 Top 10 Subtotal 26,257.4 All Other...

Elasticity of Oil Prices

Asian oil fields, the worldwide supply of oil was rather stable and predictable. Demand remained rather constant, though seasonal...

Demand and the Effects of Price Elasticity

decision to be made. The calculation loos simple, but there are many influences that need to be understood. However, there are m...

Answering Questions on Economics

it demands from the consumer. A budget item demands attention, but a ten cent increase in the price of a candy bar probably does ...

Tourism and Economics

the rates at which wages can increase. But this will make it hard for employees to keep staff, especially good staff who may be mo...

Economics and Drug Legalization

In seven pages this paper discusses drug decriminalization and legalization in an assessment of pro and con arguments with product...

Price, Income, Supply, and Demand Elasticity

In five pages elasticity is discussed as it pertains to price, income, supply, and demand. Four sources are cited in the bibliogr...

Dow Jones Industrial Average, Zero Price Elasticity and Demand Effects

In five pages the impact of demand and zero price elasticity on the Dow Jones are discussed. Five sources are cited in the biblio...

An Economic Theory and Thought History

This paper discusses quantity monetary theory, external and internal economic trends, equilibrium of quantity and price, and the e...

Managerial Economics; Use, Advantages and Disadvantages

the demand cross. The stock market is the prime example of this. Where there is a demand that exceeds supply then the process will...

The Economics of the Airline Industry

will be a disproportional increase in demand, increasing the overall revenues. In the last few decades there has been an increas...

HIGHWAY CAPACITY AND PRICE DEMAND ELASTICITY

of reality. A decrease in the price of elasticity of demand means that more drivers are going to want to clog...

Economics Questions on Price, Supply and Demand and Elasticity

axis and price on the Y axis (Nellis and Parker, 2006). The demand line moves in the opposite direction; a downward slope, this sh...

Pricing Strategies in Durability of Competitive Advantage

The first part of the paper discusses the 4 potential strategies; marginal cost pricing, incremental pricing, break even pricing a...

Developing a Marketing Plan for Viagra

to influencers Pfizer may appeal to men who would not otherwise come forward. It is undertaken in a tasteful manner, in line with ...

Supply and Demand Influences on Price

Using the Malaysian sugar industry as an example, the writer demonstrates the way different influences will impact on both supply ...

Introducing a Wine into the Chinese Market

country under Mao Zedong and the country was then run as a dictatorship (CIA, 2008). The result of this was that everyday lives of...

Pricing Decisions

sales they can increase the profit with less made on each individual sale, but making up for the lower profit per unit with a larg...

Gasoline Prices Change and a Reflection of Supply and Demand

way prices are expected to change, the AAA, which has been taking weekly surveys of prices from 2,8000 gas station in the state ha...

The Economics of Oil

looking at the macroeconomic impact of oil during the oil shock of the 1970s and the more resent oil crisis the highly complex inf...

The Economics of Ticket Pricing for Airlines

The writer looks at the economic impact of supply and demand on ticket prices in the aviation industry. The paper answers the ques...

UK Mobile Telephone Industry; An Economic Explanation

entry into third generation mobile technologies. The market is still growing, in 2002 there were 44.1 million subscribers, which...

Supply and Demand Questions

fewer seats. Where there is a stable supply of seats, as seen with the airline industry where there is modest growth and demand ...

Economics and Nursing

(Nellis and Parker, 2000). Elasticity Elasticity of a good is the measure that assess the impact that a change in price will have...

Supply and Demand for Coca-Cola Products

demand, this may be with less bought, or in the case of a product where there are numerous competitors and substitutes a shift to ...

Market Conditions and Economics

In five pages market conditions and product differentiation are examined in a consideration of issues such as pricing, monopolies,...

Business Decisions for Will Bury

in that market, taking some of the custom away from Will However, if they do not have the technology to scan the books and reprodu...