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In economics, shrinkflation, also known as package downsizing, weight-out, [2] and price pack architecture [3] is the process of items shrinking in size or quantity while the prices remain the same. [4] [5] The word is a portmanteau of the words shrink and inflation. Skimpflation involves a reformulation or other reduction in quality. [6]
Energy efficiency of appliances and buildings (through use of building materials and methods, such as insulation), fuel economy of vehicles, vehicular distances travelled (frequency of travel or larger geographical distances), better methods and patterns of transportation, capacities and utility of mass transit, energy rationing or conservation ...
According to eurostat as of 2021, households represented 27% of final energy consumption in the EU. The main use of energy by households was for heating their homes (64.4% of final energy consumption in the residential sector), with renewables accounting for more than a quarter (27%) of EU households space heating consumption.
In economics, a Swan Diagram, also known as the Australian model (because it was originally published by Australian economist Trevor Swan [1] in 1956 to model the Australian economy during the Great Depression), represents the situation of a country with a currency peg.
French supermarket chain Carrefour has slapped price warnings on products ranging from Lindt chocolates to Lipton Ice Tea to pressure suppliers such as Nestlé, PepsiCo and Unilever to cut their ...
In economics, the Jevons paradox (/ ˈ dʒ ɛ v ə n z /; sometimes Jevons effect) occurs when technological progress increases the efficiency with which a resource is used (reducing the amount necessary for any one use), but the falling cost of use induces increases in demand enough that resource use is increased, rather than reduced.
economic data suggest that much of the rise in obesity can be attributed to an increase in caloric intake, as opposed to a change in energy expenditure (David M. Cutler et al. 2003). Consequently, government policy has often attempted to reduce obesity by influencing
There have been great uncertainties with the prices for fuels, such as electricity and petroleum. More stringent environmental regulations and global warming concerns also increase the volatility of fuel prices. These uncertainties prevent consumers from making rational purchase decisions of new energy-using systems. Limited access to capital.