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gprsh924's Avatar
 
Join Date: Oct 2005
Location: Hinsdale, IL
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Economics Help

I have an assignment for Econ 201 in which i have to come up with an economic conundrum and then solve it. This is based on Robert Frank's the economic naturalist and steven levitt's Freakanomics. One example was the question of why pop and water are usually sold in round bottles at a convenience store or gas station but milk came in the square cartons. The answer was that the pop and water could be stored anywhere but milk had to be kept refrigerated so they wanted to maximize the amount that could be stored in the fridge so there would be less wasted space and therefore less wasted money.

I am having trouble coming up with a conundrum of my own. Any ideas? (and for anyone who has read either of the two books above, we are not allowed to use anything from them)

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Old 10-12-2007, 01:07 PM
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Two words: Field research.

"Ovulatory cycle effects on tip earnings by lap dancers: economic evidence for human"
Old 10-12-2007, 01:11 PM
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Flat shoe laces vs round ones...

Oil Cooled Engines vs Glycol-Water Cooled Engines...

Large Breasts vs Small Breasts...
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Old 10-12-2007, 01:17 PM
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It would make sense that the best quality fruit is available to buy at a store that is closest to where it is grown. But, in general, the opposite is true. Why?
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Old 10-12-2007, 01:38 PM
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Hot dogs vs. hot dog buns

Windshield wiper fluid comes in 1 gal. containers and windshield wiper reservoirs always seem to hold about 7/8 gal regardless of where the car is made
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Old 10-12-2007, 01:40 PM
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Quote:
Originally Posted by ckissick View Post
It would make sense that the best quality fruit is available to buy at a store that is closest to where it is grown. But, in general, the opposite is true. Why?
same can be said for cars...
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Old 10-12-2007, 02:09 PM
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Here's a really good one, R12-R134a. Why did US DOT tell automakers R12 refrigerant could no longer be put in newly manufactured cars. 1994 was the cut off date, I think. Big economic impact, environment not so much. Huge scam, maybe the biggest in the history of the automobile industry.
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Last edited by mattdavis11; 10-12-2007 at 02:42 PM..
Old 10-12-2007, 02:25 PM
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Find a solution to packaging...those foam "popcorn" spores are non-biodegradable and are landfill nightmares. But they are cheap.

Make your packaging affordable and enviro friendly.

Do it.

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Old 10-12-2007, 02:32 PM
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