In the relatively young tablet market some odd things are happening when it comes to substitute goods. This interesting WSJ blog post shows how Apple may be helped by negative advertising - against itself. What do you think the price elasticity of demand is for an iPad compared to a Samsung tablet? What do you expect the cross price elasticity to be? Could there be such a thing as an advertising elasticity of demand? How would you construct it?
One of the most polarizing debates in economics and politics usually comes about when government aid is brought up. In this article from the WSJ a few positive economic statements are stated based on data from the Census Bureau. Is anything from this report striking to you? Does the normative decision of should the government increase aid during a recession depend on income level, occupation, race, or some other factor? How are ethics and normative economics related?
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