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| Started By | Thread Subject | Replies | Last Post | ||||
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| EnricoEberhard | Demand for Poultry Rises Almost 40 Percent During Ramadan | 1 | Oct 2 2009, 3:53 AM EDT by EnricoEberhard | ||||
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Thread started: Oct 1 2009, 12:48 PM EDT
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http://www.hurriyetdailynews.com/n.php?n=demand-on-poultry-rises-in-ramadan-2009-09-13
The link above leads to an article from the 13th of September which talks about the overall increase in demand for poultry during the Ramadan holiday. According to the article, the almost 40% rise in demand was caused by the increased consumption of "light" and "easily digestible" foods for the fast-breaking meal. Because meat is necessary for a "complete" iftar (fast-breaking meal), poultry was chosen to be the most suitable by the consumers. The law of demand states that, ceteris paribus, over a certain time period, as the price of a certain good falls, more of that good is demanded, and vice versa. However, the price was not the key factor, as a price discrepancy was agreed upon before the demand rose. In other words, the entire demand increased, not just the quantity demanded, due to a change in tastes and preferences. As the taste of the people changed to poultry, more was bought at the same price, which is an increase in total demand due to a determinant, in this case tastes and preferences.
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| gustavoproglhof | Demand for cars after rise in price of oil | 0 | Oct 1 2009, 3:11 AM EDT by gustavoproglhof | ||||
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Thread started: Oct 1 2009, 3:11 AM EDT
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http://www.econbrowser.com/archives/2008/06/the_oil_shock_o.html
The article talks about the price of oil and its influence in the sales of cars and trucks. It has many demonstrations of how the increase in the price of oil in 2008 affected their complementary good (cars, trucks, etc). Additionally, there is a mention about changes in the income of the population. |
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| michael/hale | Ikea rolls out plan to tap demand in China | 7 | Oct 22 2008, 3:08 PM EDT by lkluegel | ||||
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Thread started: Sep 23 2008, 8:29 AM EDT
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http://www.iht.com/articles/2006/04/10/bloomberg/bxikea.php
"Roughly one million people are entering the middle class each month and government policies to increase consumption mean this is an ideal time for us to expand in China,"said Ian Duffy, Asia-Pacific president for the home-furnishings company. "The average person living in Beijing can buy four times as much from us as he could when we opened in the capital in 1999."
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| AndreaEggli | Demand for Corn in Chicago | 2 | Oct 22 2008, 11:39 AM EDT by MaxHuijgen | ||||
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Thread started: Sep 22 2008, 1:09 PM EDT
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http://news.bbc.co.uk/2/hi/business/6481029.stm
During the last year the corn prices in Chicago have nearly doubled. The prices are increasing drastically, because refineries have an increasing demand on corn to make ethanol. Ethanol is than being used for ordinary cars. As corn is a energy source, its prices have been rising and corn is beginning to get scarce. Now, George W. Bush is trying to increase the use of bio-fuels, so that the corn can be used for food again. If the demand in corn does not decrease the prices will even rise in supermarkets.
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| jpoeschl | PlayStation 3 Supply Surpasses Demand - Page 1 of 1 - Gameworld ... | 7 | Oct 3 2008, 7:37 AM EDT by JonathanRanstrand | ||||
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Thread started: Sep 24 2008, 1:09 PM EDT
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Justus Poeschl
This article might interest the people perhaps the most, who have Gamecubes, Playstations and Nintendos at their homes. The article here talks about the problems Sonny had, after the PlayStation 3 had come out. Demand was very at the beginning seeing that the quality was of course much better. The problem was that there wasn't enough supply of playstations to sell to everyone. In the meantime other companies have concentrated their production on newer Nintendos and Gamecubes. The prizes weren't cheap, but the quality and Supply was just better. The result, was demand decreased for playstations created by Sonny, because more people baught the newer Nintendos and Gamecubes. How Sonny exactly solved the problem was not said.
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| mkaga | Demand | 2 | Sep 30 2008, 3:24 PM EDT by Rocioperez | ||||
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Thread started: Sep 26 2008, 4:04 AM EDT
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Platinum demand in Japan drops on decline in weddings
Japan accounts for about 25 percent of global consumption of new platinum for jewelry. But Japanese are now marrying less and buy fewer rings. The consumption of jewelry in Japan dropped 15%. masaru http://www.iht.com/articles/2007/11/22/bloomberg/sxplat.php
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| yaelburla | Business Economics for Entrepreneurs | 0 | Sep 24 2008, 4:44 PM EDT by yaelburla | ||||
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Thread started: Sep 24 2008, 4:44 PM EDT
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This is an article on the general view by Bobby Jan on understanding the determinants of demand in economics; consumer's incomes, consumer's attitudes, price of a complementary product, and price of a substitute product. He gives examples and expectations for certain conditions, which help entrepreneurs think about profits to their advantages.
http://www.gaebler.com/Economics-Change-in-Demand.htm |
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| BjornKvaale | Increase In Demand for Coal | 0 | Sep 24 2008, 6:13 AM EDT by BjornKvaale | ||||
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Thread started: Sep 24 2008, 6:13 AM EDT
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Bjorn Kvaale
Although coal is one of the resources contributing to global warming, the electrical infrastructure in America is based on coal. The American People receive their electricity mostly from coal power plants and the investment it would require to substitute to alternative energies is too great. The amount of energy produced from coal power plants is relatively greater than a solar power plant in Kilowatts per Hour. From this infrastructural problem and the increased electricity consumption, it is obvious the quantity of coal demanded will rise in the future. http://www.nytimes.com/2008/09/24/business/businessspecial2/24COAL.html?scp=1&sq=gas%20price%20and%20demand&st=cse |
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| benpidduck | GE sees huge surge in bankruptcy financing | 0 | Sep 23 2008, 1:44 PM EDT by benpidduck | ||||
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Thread started: Sep 23 2008, 1:44 PM EDT
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General Electric has seen an massive surge in the demand for their bankruptcy financing over the past year. Since 2007, US demand for bankruptcy loans has increased by nearly sixfold, from 2 billion in 2007, to nearly 12 billion in 2008. This can be attributed to the credit crunch experienced by companies all around the world as well as the spastic markets
http://www.reuters.com/article/Restructuring08/idUSN2226049420080922 |
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| kremin | Change in Demand of oil | 0 | Sep 23 2008, 7:34 AM EDT by kremin | ||||
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Thread started: Sep 23 2008, 7:34 AM EDT
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I found an article about how China and India are so dependent on oil because there economy is growing at such a rapid pace and they need energy to develop their economy even more.
http://www.hindu.com/thehindu/holnus/001200711080311.htm |
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| emilmawad | Demand for oil changes...a bit | 0 | Sep 23 2008, 4:27 AM EDT by emilmawad | ||||
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Thread started: Sep 23 2008, 4:27 AM EDT
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With the effects of surging oil prices reverberating through the global economy - from airlines curtailing flights to Asian governments cutting fuel subsidies - the International Energy Agency on Tuesday lowered its forecast for global oil demand this year, but just a bit.
http://www.iht.com/articles/2008/06/10/business/oil.php |
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| Deniztr | Demand of Vinyl records as record players increase | 0 | Sep 23 2008, 3:43 AM EDT by Deniztr | ||||
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Thread started: Sep 23 2008, 3:43 AM EDT
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http://www.wired.com/entertainment/music/commentary/listeningpost/2007/10/listeningpost_1029
As technology developes in our world, everything seems to get better and smaller. While now we have CDs and MP3s to listen to music, there seems to be a boom in demand for vinyl records. DJs have always prefered Vinyl records to play music from on parties, and these DJs are increasing greatly. The problem is, that these records are getting rarer because there are not many factories that still produce them. "The Consumer Electronics Association said that only 100,000 turntables were sold in 2004. Numark alone sold more than that to pro DJs that year," said Chris Roman, product manager for Numark." As turntables increase in production and are sold, more vinyl is demanded to be played on them. It seems that more and more teenagers dig up their parent's records from back in time, and get inspired. Experts even say that the sound is much better played by vinyl than cd's, which got many people to buy turntables for home use, and Ipods for travel. "Turntables are hot again as well. Insound, an online music retailer that recently began selling USB turntables alongside vinyl, can't keep them in stock, according to the company's director, Patrick McNamara." This proves that there is a higher demand for turntables right now than Vinyl, but over time, this will change in the opposite direction, because records take longer to be produced, which decreases their efficiency. Records are brought back by a great hype and are in fashion again now, as history seems to repeat itself all the time... |
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| AlexHan | alex han's links | 2 | Sep 23 2008, 3:37 AM EDT by Deniztr | ||||
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Thread started: Sep 20 2008, 2:28 PM EDT
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http://www.choicesmagazine.org/2004-4/cool/2004-4-03.htm
The Farmers and beef production companies are faced with a challenge because of the mandatory compliance to the COOL program. (Country of origin labeling) To implement the COOL program, the production costs of beef rise which also accounts for a greater retail price. As a result the companies and farmers are in need of a greater demand of 1.2% in order to avoid losses
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| srainer | $500 Oil | 0 | Sep 22 2008, 3:15 PM EDT by srainer | ||||
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Thread started: Sep 22 2008, 3:15 PM EDT
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An interview with Matt Simmons, part of the oil business himself, reveals that the recent price drops in oil is just an "illusion". He goes on to explain how the world has come to a sort of plateau or maybe even the peak of oil production. Major oil companies and oil producing countries have been continually denying the "oil peak" however, Matt Simmons was able to use his experience and expertise to piece together reports to prove to the world that global oil production is slowly coming to a maximum. He continues on to talk about how this plateau or even a peak and decline in production will send oil prices "through the roof". He foresees the price of oil in the next few years continually increasing because, although oil production has peaked, the demand for oil is unlimited therefore continually driving the price higher and higher.
(Sebastian Rainer) from: http://money.cnn.com/2008/09/15/news/economy/500dollaroil_okeefe.fortune/index.htm
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| FabienneB | Change in demand | 0 | Sep 22 2008, 9:50 AM EDT by FabienneB | ||||
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Thread started: Sep 22 2008, 9:50 AM EDT
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I found an article about how a quarterback in football changes take time to pay. So two football teams changed their quarterbacks and realised that in the beginning they lost two games. So they increased in demand?!? idk if that is correct. But after two years the won games like the've never won before.
The same with fans. Some people didn't come to their cames anymore because they changed their quarterbacks. But after people got used to them, they started coming again. |
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