Thursday, July 19, 2007

Wal-Mart and the Shanghai Pirates

Hi 07S6E,

I was explaining to you during lessons about how Wal-Mart wanted to extend the "burning time" of movies into blank DVDs so that people could shop longer at the store.

This was the article where I got the story from. There is also a very interesting application on price elasticity of demand inside that would be useful to know and understand.

Regards,
Mr Tan

Kelvin Tan loves s6E. 10:50 AM