Micro
5 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Scooped by Charlie Bartlett
Scoop.it!

Corn Prices Pressured by Both Supply and Demand Factors | farmdocdaily.illinois.edu

Corn Prices Pressured by Both Supply and Demand Factors | farmdocdaily.illinois.edu | Micro | Scoop.it
Corn prices continue the long retreat from the peak of September 2012, declining to the lowest level since late August 2010. The most recent price weakness reflects both supply and demand considerations.
more...
No comment yet.
Rescooped by Charlie Bartlett from Business Economics and Market Competition
Scoop.it!

Why Legos Are So Expensive — And So Popular

Why Legos Are So Expensive — And So Popular | Micro | Scoop.it
A lot of people are wondering how Lego, selling a now un-patented product, can command both massive market share and sell at twice the price of the nearest competitor: Megablocks.

Via Geoff Riley
more...
Geoff Riley's curator insight, January 16, 2013 3:24 PM

Price anchoring, brilliant marketing, consumer perception, hard wiring into our brains the contextual value of a product ... result is low price elasticity and the ability to raise price nearly every year!

Rescooped by Charlie Bartlett from Digital-News on Scoop.it today
Scoop.it!

Two Precious Metals with a Compelling Supply-Demand Dynamic

Two Precious Metals with a Compelling Supply-Demand Dynamic | Micro | Scoop.it
As readers of Investment Contrarians are probably well aware, precious metals have been hit hard this year. Along with the drop in the price of precious metals, mining stocks have also significantly declined in price.

Via Thomas Faltin
more...
Ollie Metcalfe's curator insight, November 4, 2013 4:36 PM

Both platinum and palladium are in joint supply and that supply is threatened to be limited by strikes in one of the two countries where they're most commonly found, South Africa.

However, industrial demand will continue to rise, especially as hundreds of millions of people start driving cars. The supply-demand dynamic over the next decade is quite interesting for mining stocks in both of these precious metals

Rescooped by Charlie Bartlett from Business Economics and Market Competition
Scoop.it!

Probe into chocolate 'price-fixing'

Probe into chocolate 'price-fixing' | Micro | Scoop.it
The food giants Nestle and Mars, along with a distribution company, have been charged by authorities in Canada over alleged price-fixing of chocolate

Via Geoff Riley
more...
Elea Misteli's curator insight, September 3, 2013 1:53 PM

Macroeconomic trends impacting on markets and business:

Clear example of Monopoly power that has been mis-used. Unless Authority would have stepped in 'price-fixing' would have gone unnoticed and caused an effect on consumer expenditure on other goods and service. Furthemore because Nestle and Mars are food giants they would have had an elastic effect on demand of other goods due to the fact that they could be considered as necessity foods.

Peter Symonds Economics's curator insight, November 4, 2013 11:54 AM

More market failure