As President Obama and his administration struggle with the new crises in the implementation of the Affordable Healthcare Act (aka Obamacare) -- specifically a website that doesn't work and more than ...

Supply and demand determine equilibrium prices; high demand or low supply raises prices. Investing during low demand and high supply periods can lead to cost savings. Supply-demand principles guide ...

Discover how supply and demand influenced early American agriculture, from the rise of cotton after the cotton gin to ...

DENVER — Few politicians can resist the opportunity to exploit consumer angst over rising gas prices, and thus take advantage of the fact that few of America’s public schools deign to teach economics ...

Domestic demand for recovered paper and postconsumer plastics in the United States has helped pricing and affected exports of these materials, according to speakers in the “Paper & Plastic Recycling ...

The city tightens its rent control law. Good luck finding an apartment.

Let M be a market consisting of n goods Gj. A price vector p = (π1,..., πn) is a non-negative vector such that Σ πj = 1, where πj is the unit price of Gj. A commodity bundle x = (ξ1,..., ξn) is a ...