Many people continue to use cars and motorcycles even though they know that they are bad for the environment. Why is this the case? What can be done to reduce the use of these vehicles? Give reasons for your answer and include any relevant examples from your own knowledge or experience. ...
China's consumer goods market is very large. According to Gallup, 50% of Chinese rural residents own a mobile phone as opposed to 80% of those living in the city. Also, about 4% of the rural residents have a computer while 33% of those living in the city do. The Chinese consumer ma...
Cars prices are still elevated after reaching record highs during the pandemic. With auto tariffs now in effect, new and used car prices are expected to rise.
The article presents a graph of the average age of products including consumer durable goods, appliances, and automobiles in the U.S. from 1961 to 2011, reporting that the replacement of items could benefit the U.S. economy.WilsonDavid
but men's choices lead to 16% more GHG emisions than women's. That is because they choose to spend money on things like cars and driving, rather than taking public transportation or trains, as women are more willing to do More of men's money goes toward alcohol, tobacco, and eating ...
For instance, billions of (2) others dollars of used goods are now sold on Internet auction sites, (3)on(3)who the hugely successful eBay. Second-hand cars are now eBay's biggest category,sales that many once thought would be impossible to conduct on the Internet.Some of the big ...
Automakers:Consumers tend to hold on to their cars longer during recessions and purchase new vehicles more often during prosperous times, so automotive stock prices tend to be very cyclical. Technology:The markets for tech stocks are generally cyclical (but not always). When the economy is in a...
If someone doesn’t have access to a car they can travel by bus or bicycle. Buses or bicycles, therefore, are substitute goods for cars. Substitute goods are two or more products that the consumer can use for the same purpose. Image created by Market Business News. ...
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Consumer WelfareExternalitiesMarket PowerRankingsRationingRanking have become increasingly popular on markets for study programs, restaurants, wines, cars, etc. This paper analyses the welfare implication of such rankings. Consumers have to make a choice between two goods of unknown quality with exogenous...