Abstract: A 6 page paper discussing two news articles in terms of economic measures. One is centered on the crisis in California surrounding deregulation of electric utilities; the other discusses gas prices. Neither possesses great price elasticity, neither is considered a luxury. Even so, a supply and demand graph applies to electricity and one of consumer choice (budget line and consumer indifference) is used in the gasoline discussion. Bibliography lists 2 sources.
Filename: KSenergyEcon.wps
Pages: 6
Catagory: Money & Banking / Corporate Finance
Subcatagory: Accounting & Personal Finance
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