What has cinema popcorn got to do with consumer surplus? Read this interesting article on how cinema operators try to capture your consumer surplus by selling you expensive popcorn:
http://www.tutor2u.net/blog/index.php/economics/comments/popcorn-and-price-discrimination/
This is linked to the topic of Price Discrimination which we'll learn later in the year when we study the monopoly.
Tuesday, February 26, 2008
Monday, February 18, 2008
Economics of dating and love
Since it's post-Valentine's season, here are some interesting (but out of syllabus) articles on the Economics of dating and love:
1. Economics of dating
http://timharford.com/2007/11/business-life-the-economics-of-dating/
2. Love Economics
http://www.solvedating.com/love-economics.html
1. Economics of dating
http://timharford.com/2007/11/business-life-the-economics-of-dating/
2. Love Economics
http://www.solvedating.com/love-economics.html
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