Thursday, July 17, 2008

Cross-Price Elasticity of Demand IX

The Wall Street Journal reports:
The appeal of fuel efficiency is moving beyond the new-car market and creating a run on small used cars. Used economy cars that once could be difficult for dealers to move -- the Ford Focus and Chevrolet Aveo, for instance -- are now flying off the lots, and prices are rising.
Click here for a previous installment in this series.