Boats: Why Are They So Expensive in 2020?

Why are boats so expensive 2020? Read more on For millennia, people have used boats as a means of transportation and for recreation. Owning one, meanwhile, can be an expensive investment. What therefore accounts for boats’ high prices in 2020? The high price of boat ownership is caused by a number of factors. First … Read more

The Price of Coffee: Is It Worth It?

What is the price of coffee? Unit conversion for Coffee Price Today Conversion Coffee Price Price 1 Pound ? 0,453 Kilograms Coffee Price Per 1 Kilogram 5.49 USD 1 Pound = 16 Ounces Coffee Price Per 1 Ounce 0.16 USD Read more on Millions of people throughout the world drink coffee every day, making … Read more

What Does a Black Cab Driver Earn?

What does a black cab driver earn? Read more on In London, black taxis, commonly referred to as hackney carriages, are a regular sight. These recognizable cabs are operated by qualified drivers that take passengers to their destinations. But how much do black cab drivers actually make? The Licensed Taxi Drivers Association reported that … Read more

Why are Lumber Prices So High?

Why are lumber prices so high? Because there’s still an ongoing demand for lumber, that void is difficult to fill. It means that the supply is struggling to reach the demand. The price of lumber is high as a result. Lumber is expensive because labor shortages caused by the COVID-19 pandemic decreased the global supply … Read more

Why Do Monopolies and Oligopolies Benefit Producers?

Why do monopolies and oligopolies benefit producers? Why do monopolies and oligopolies benefit producers over consumers? Companies control price through demand. Few producers can generally control prices. Demand influences production more when competition is less. Read more on Both oligopolies and monopolies are types of market arrangements that have a small number of dominant … Read more

Understanding Oligopoly Market and Behavior

What is a oligopoly market? Oligopoly markets are markets dominated by a small number of suppliers. They can be found in all countries and across a broad range of sectors. Some oligopoly markets are competitive, while others are significantly less so, or can at least appear that way. Read more on A market with … Read more