Aggregate Demand and Supply

The BBC uses the announcements by Richer Sounds and BT to look at the incentives for firms to opt for employee-ownership. 

Higher productivity, lower staff turnover, more innovation and the ability to make better long-term plans. What's not to like? 

Nice theory of the firm insight: does it look like Netflix is profit-maximising? Or is it sales maximising? Or growth?

And are the two compatible: is there a difference between short- and long-run profit maximisation? Lots to ponder. Either way it now has nearly 140 million subscribers but will it be able to monetize their subscriptions in a way that will boost profit to the largest extent.

Really interesting look at Apple's response to lower than expected iPhone sales: should they lower price?

It depends upon a variety of factors? Has there been a change in the PED for iPhones? To what extent are they able to separate markets and charge different prices? Are they able to drive down costs - or squeeze profit margins - and which is the better play in the long-term?

I think I might start with this today.

What does classical economics assume is a firm's main objective? And is it backed up by the latest news regarding Tesco's latest data? 

You might also think why Tesco appears to have deviated from a profit-maximising strategy?