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                                        Examples | The Bad Economist
                                        https://thebadeconomist.com/category/examples
                                        Still no chili pepper. March 16, 2015. Posted by tomflesher in Examples. Thinking like an economist, you quickly winnow your options down to blackjack or poker, since you cannot abide such a risky proposition. Then, however, you’re stuck – the expected values are the same. Which game is it rational to play? What do these two situations have in common? This was met with considerable debate about the probability that the homeless woman had children. Anecdote Alert: Do restaurant deposits depress attendance? 
                                     
                                    
                                        
                                            
                                            thebadeconomist.com
                                        
                                        Increases in CPI: Good or bad? | The Bad Economist
                                        https://thebadeconomist.com/2012/01/30/increases-in-cpi-good-or-bad
                                        Still no chili pepper. Increases in CPI: Good or bad? January 30, 2012. Posted by tomflesher in Macro. Tags: Consumer Price Index. One of the nice things about WordPress is that I get a nice summary of the search engine terms that led people to my page. Bobby Bonilla is popular, as always – it’s nice to know that people are curious about him – but another common way people end up on my blog is by looking for pros and cons of the Consumer Price Index. One searcher this week asked:. 3 (David) Tay Cheng Fong. 
                                     
                                    
                                        
                                            
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                                        elasticity | The Bad Economist
                                        https://thebadeconomist.com/tag/elasticity
                                        Still no chili pepper. March 18, 2015. Posted by tomflesher in Micro. The price-elasticity of demand measures how sensitive consumers are to changes in price. There are two primary formulas for that. Most commonly, introductory courses will use. Means the percentage change. This means the numerator is. Is the original quantity demanded and. Is the change in quantity demanded. The denominator is. Through the properties of fractions, that ratio is equal to. A graph of demand and price-elasticity of demand. 
                                     
                                    
                                        
                                            
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                                        economics | The Bad Economist
                                        https://thebadeconomist.com/tag/economics
                                        Still no chili pepper. The Good and Bad of Goods and Bads. January 25, 2015. Posted by tomflesher in Micro. When students first hear the word “goods” pertaining to economic goods, they sometimes find it a little funny. When they hear some sorts of goods called “bads,” they usually find it ridiculous. Let’s talk a little about what those words mean and how they pertain to preferences. December 10, 2012. Posted by tomflesher in Micro. In a perfectly competitive market. All goods are identical. If the selle...
                                     
                                    
                                        
                                            
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                                        Teaching | The Bad Economist
                                        https://thebadeconomist.com/category/teaching
                                        Still no chili pepper. How do producers charge different consumers different prices? September 29, 2015. Posted by tomflesher in Micro. Tags: Introduction to Microeconomics. Is the act of charging different consumers different prices based on how much they’re willing to pay. There are a few different forms of price discrimination, and it can be achieved different ways depending on how much information a seller has. This sometimes leads to unpleasant outcomes. NPR did a story. Give me a lower price! I wea...
                                     
                                    
                                        
                                            
                                            thebadeconomist.com
                                        
                                        Micro | The Bad Economist
                                        https://thebadeconomist.com/category/micro
                                        Still no chili pepper. How do producers charge different consumers different prices? September 29, 2015. Posted by tomflesher in Micro. Tags: Introduction to Microeconomics. Is the act of charging different consumers different prices based on how much they’re willing to pay. There are a few different forms of price discrimination, and it can be achieved different ways depending on how much information a seller has. This sometimes leads to unpleasant outcomes. NPR did a story. Give me a lower price! I wea...
                                     
                                    
                                        
                                            
                                            thebadeconomist.com
                                        
                                        demand | The Bad Economist
                                        https://thebadeconomist.com/tag/demand
                                        Still no chili pepper. March 18, 2015. Posted by tomflesher in Micro. The price-elasticity of demand measures how sensitive consumers are to changes in price. There are two primary formulas for that. Most commonly, introductory courses will use. Means the percentage change. This means the numerator is. Is the original quantity demanded and. Is the change in quantity demanded. The denominator is. Through the properties of fractions, that ratio is equal to. A graph of demand and price-elasticity of demand. 
                                     
                                    
                                        
                                            
                                            thebadeconomist.com
                                        
                                        The Do-Nothing Alternative | The Bad Economist
                                        https://thebadeconomist.com/2015/03/16/the-do-nothing-alternative
                                        Still no chili pepper. March 16, 2015. Posted by tomflesher in Examples. Thinking like an economist, you quickly winnow your options down to blackjack or poker, since you cannot abide such a risky proposition. Then, however, you’re stuck – the expected values are the same. Which game is it rational to play? What do these two situations have in common? This was met with considerable debate about the probability that the homeless woman had children. No comments yet — be the first. Mets Game 133 Review). 
                                     
                                    
                                        
                                            
                                            thebadeconomist.com
                                        
                                        Principles of Microeconomics | The Bad Economist
                                        https://thebadeconomist.com/tag/principles-of-microeconomics
                                        Still no chili pepper. How do producers charge different consumers different prices? September 29, 2015. Posted by tomflesher in Micro. Tags: Introduction to Microeconomics. Is the act of charging different consumers different prices based on how much they’re willing to pay. There are a few different forms of price discrimination, and it can be achieved different ways depending on how much information a seller has. This sometimes leads to unpleasant outcomes. NPR did a story. Give me a lower price! I wea...
                                     
                                    
                                        
                                            
                                            thebadeconomist.com
                                        
                                        Elasticity and Demand | The Bad Economist
                                        https://thebadeconomist.com/2015/03/18/elasticity-and-demand
                                        Still no chili pepper. March 18, 2015. Posted by tomflesher in Micro. The price-elasticity of demand measures how sensitive consumers are to changes in price. There are two primary formulas for that. Most commonly, introductory courses will use. Means the percentage change. This means the numerator is. Is the original quantity demanded and. Is the change in quantity demanded. The denominator is. Through the properties of fractions, that ratio is equal to. A graph of demand and price-elasticity of demand. 
                                     
                         
                            
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