Archive for the ‘Market structure’ Category

A Report From the Land of Quarterly Profits and Losses   Leave a comment

Yahoo! Reports Drop In Profit But Rise In Sales In Q2Link: http://wwno.org/post/04192017-report-land-quarterly-profits-and-losses

Summary: In this marketplace podcast, they discuss the latest earnings of Yahoo, IBM and Volkswagen.  Marketplace also introduces two cities that are changing; New York City and Pittsburgh.  New York City is looking to disallow employers from asking candidates about past salary, and Pittsburgh is trying to shake the “Steel City” nickname for “Robo-burgh”.

Original Air Date: April 19, 2017

Length: 6 minutes 50 seconds

Can Samsung Give Us What We Really Want?   Leave a comment

SKOREA-SAMSUNG-TELECOMMUNICATIONSLink: https://www.marketplace.org/shows/marketplace-tech/04212017-mtech

Summary: After the failure of the S7, Samsung has released the S8 hoping to bait customers into switching from the iPhone.  Marketplace introduces whether or not the S8 is ready to take over market share from the iPhone.  They also introduce how using technology in Arizona has affected tourism.

Original Air Date: April 21, 2017

Length: 6 minutes 26 seconds

Discussion Question: Explain the market of tourism; who are the competitors? How is market share achieved? What role does technology play? Also, is there demand for Samsung, or are they too far behind on the iPhone?

Posted August 8, 2017 by jamezweb in Discussion prompt, Efficiency, Incentives, Market structure, Technology

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Delicious Cake Futures   Leave a comment

ap_948883364526-138b1075ab392570cbb41a99fa639c639b34c0f7-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/01/06/462149561/episode-15-delicious-cake-futures

Summary: An elementary lunch room has more economics involved then one would think.  Snacks are the currency, and the trading is of the food.  In this story, Planet Money discusses how one kid developed a derivative for a cake, by trading for snacks now for a piece of the cake later.

Original Air Date: March 9, 2009

Length: 15 minutes 16 seconds

Uploading the Human Mind to a Machine   Leave a comment

SPAIN-TECHNOLOGY-ROBOTLink: https://www.marketplace.org/shows/marketplace-tech/2017-03-23

Summary: Technology has become increasingly present in various markets.  ESports is an up and coming sports league that is centered around video games, and artificial intelligence involves uploading the human mind into a machine.  These are two recent trends in the technology sector that Marketplace discusses in this podcast.

Original Air Date: March 23, 2017

Length: 7 minutes 12 seconds

Discussion Question: How does advancing technology impact jobs? What effect does it have on unemployment, if any at all?

A New 3-D Pen Lets Kids Create Their Own Toys   Leave a comment

3DoodlerSeaLink: https://www.marketplace.org/2017/02/22/tech/3d-pen-kids-wins-best-toy-award-toy-fair-2017

Summary: Educational technology toys are a hot new trend in the toy market.  One company, Bogue, introduced a new concept allowing kids to create their own toys through a 3-D printer.  Marketplace introduces how Bogue is competing with giant toy companies.

Original Air Date: February 22, 2017

Length: 3 minutes 15 seconds

Discussion Question: What are some of the advantages and disadvantages Bogue has with creating a new category in the market? How does this impact competition?

Bell Wars   Leave a comment

both-bells-eadbe97bd81b9c768a75b50f4ba759ed4e4ad692-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/12/14/505556945/episode-592-bell-wars

Summary: Bells are heard every year at Christmas time, but you would have a hard time distinguishing the difference between the two main companies who make them.  Planet Money investigates how two bell companies were at war for decades over who’s bell sounded best.  As the war affected the sales, engineering, and legal sides of the business, this fierce competition has an unlikely result.

Original Air Date: December 14, 2016

Length: 19 minutes 28 seconds

Farmers Hack Their Equipment to Evade Tractor Company Policies   Leave a comment

Statewide Drought Forces Californians To Take Drastic Measures For Water ConversationLink: https://www.marketplace.org/2017/03/27/tech/farmers-hack-their-equipment-evade-tractor-company-policies

Summary: Farmers are hacking into their own tractors in order to fix them, rather than pay for a dealer to fix it for them.  Marketplace introduces this situation and explains why tractor owners aren’t satisfied with this developing market concentration in the repair market and what they hope to do about it. .

Original Air Date: March 27, 2017

Length: 3 minutes 2 seconds

Discussion Question: What impact does forcing tractor owners to go through dealers for repairs do for competition in the market? Who benefits from this system more, the owner or the dealer?