Word: demand
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...hand all the funny economists in the world," says R. Preston McAfee, a California Institute of Technology economics professor and Yahoo! research fellow who presided over the evening. But despite their rarity, some of these academics have attracted wide followings--admittedly, among those who can laugh at supply-demand curves. Yoram Bauman, a professor at the University of Washington, bills himself as the World's First and Only Stand-Up Economist*--but insists on the asterisk to honor exceptions like Ben Stein, who played the stupefyingly boring teacher in Ferris Bueller's Day Off. Bauman does a killer parody...
...period to make adjustments. Books are in no rush to move online; Amazon is currently the only big e-book publisher. It is tedious to manually scan hundreds of pages, and the new generation of consumers often has homework, finals, or primal screams to attend to. Nevertheless, as the demand for e-books grows, bookstores should watch their backs—someday, you may have to look for your course packs online. You might not even have to wait for someday: students deterred by the price of the $60 Ec 1010a workbook can already download a free copy on Scribd.com...
...central government has believed that as the demand for exports softened recently due to the global recession, the country's new middle class would continue to help GDP growth through consumption...
...able to draw upon a huge reserve of rural labor. People have moved from rural China to a number of large industrial cities in the interior of the country, many of which now have populations in the millions. Factory complexes were built in these same areas. As long as demand for output moved up, the labor forces in these regions grew. China created its own middle class which made and consumed goods at record rates...
...weeks as it transitions to the winter menu. The seasonal dining changes—made three times a year—reflect both the availability of foods and students’ feedback, according to HUDS’ executive director, Ted Mayer. In response to student demand, there will be more fruit variety in the winter menu. Beside the current staples, apples and bananas, students can expect a rotation of citrus fruits like tangerines, clementines, and mineolas, as well as kiwis, plums, and peaches. HUDS is also addressing students’ request for more vegetarian options...