Economics

Archive for the ‘Economics’ Category

How does unit conversion and measurement contribute in saving time, money and other valuable resources?

Monday, January 5th, 2009

Vawewia asked:

Help me out here. It’s for school D:

I’ve already got one about gas, and another about comparing prices of milk in kilograms.

10 points to the best answer!

Tags: Comparing Prices, Saving Time, Time Money
Posted in Economics | 1 Comment »

How does Daylight Saving Time affect the economy? What industry/ies profit/loose from DST? Asked 3/11/7?

Sunday, January 4th, 2009

JDR asked:

Have you ever wondered how DST benefits us all? Sure, more sunlight is favorable to most, but doesn’t the electricity industry loose millions? Of course, the agriculture industry gains from it and so do many businesses from consumers who stay out later. How is the $ symbol fluctuate from this paradox? This “phenomenon” also creates more crashes and other biological-clock lapses. Is this a wonder or a faux-pas? Why do you think DST was done early this year? How does DST affect you personally?

Tags: Daylight Saving Time, Economy, Paradox
Posted in Economics | 2 Comments »