Keyword: durable goods
Lemon Laundering (6/22/2006)
Poorly informed consumers usually end up getting stuck with lemon products which are passed around to avoid capital loss.
Keywords: capital loss, durable goods, information, lemon laws, lemons, money-back guarantee, perishable goods, salvage
Market Entry (7/7/2006)
Barriers to market entry result in different market structure.
Keywords: barrier, capacity, capital, De Soto, durable goods, excessive entry, financing, innovative products, kickbacks, Market entry, market structure, mature products, patent, product cycle, profit, replacement purchases, tragedy of the commons, underground economy, World Bank
There Are no Widgets - Types of Goods (7/7/2006)
The law of supply and demand applies differently depending on the exact types of goods.
Keywords: capacity, closed-standard goods, complementary goods, durable goods, first-party payment goods, independently-used goods, inferior goods, innovative products, mature products, networked goods, normal goods, open-standard goods, Perishable goods, price discrimination, private goods, public goods, replacement, single pricing, substitute goods, third-party goods, widgets