Posts Tagged elasticity

Do Higher Minimum Wages Benefit Workers AND Employers?

higher-alberta-minimum-wage-benefits-both-workers-and-employers-_-andrew-jackson

Andrew Jackson, of the Broadbent Institute, argues in a Huffington Post article that the recent increase in Alberta’s minimum wage to $12.20 (on a path to $15 in 2018) not only benefits workers, but also employers. He presents the cons and pros of minimum wages, including a claim […]

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How Elasticity Helps AirBnB Owners Make More Money

The Toronto Star reported on a startup called Beyond Pricing that is helping AirBnB owners increase revenues from their short-term rentals by figuring out the highest price they can charge. The company using a dynamic pricing algorithm like those used by airlines and hotels that raises prices […]

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