.....appear to have a price elastic demand https://www.bbc.co.uk/news/articles/c74gxj937mmo
Showing posts with label Elasticity. Show all posts
Showing posts with label Elasticity. Show all posts
Monday, July 27, 2026
Sunday, April 20, 2025
Friday, March 14, 2025
Friday, December 20, 2024
Sunday, April 28, 2024
Wednesday, March 15, 2023
PED and the price of car parking
Changes in NI report the BBC https://www.bbc.co.uk/news/uk-northern-ireland-64736959
Tuesday, November 15, 2022
Monday, October 31, 2022
Tuesday, October 25, 2022
Thursday, July 28, 2022
Tuesday, April 19, 2022
Saturday, October 09, 2021
Monday, August 30, 2021
The microchip market
Rising demand and inelastic supply. Thanks to the BBc
Labels:
Elasticity,
Price and equilibrium,
Video,
volatile prices
PED revision
Nice summary from econfix
https://econfix.wordpress.com/2021/08/30/as-economics-price-elasticity-of-demand-2/
Monday, June 21, 2021
Crazy UK holiday prices
Thanks to the Guardian
I imagine the prices will fall back next year as people revert to holidays overseas and so this could be an example of volatile prices resulting from a large increase in demand and price inelastic supply
Saturday, November 23, 2019
Sunday, September 30, 2018
Friday, March 16, 2018
Tuesday, October 31, 2017
Wednesday, October 18, 2017
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