Welcome to The Oakridge School's Economics Blog. The goal of this class is for students to have the opportunity to learn economics through a real world setting discussing current events with each other and people throughout the country.
Friday, February 11, 2011
Elizabeth discusses the restructuring of Blockbuster as they try to stay competitive in the video rental market.
We were forced to switch our membership to Blockbuster although we had problems with the company in the past. This situation exemplifies what a decrease in the number of sellers will do to demand.