Welcome!

Welcome to our classroom blog!  I sincerely hope you find this a valuable resource for information and sharing ideas.  Please remember to observe classroom guidelines on the blog but also understand blogs are often informal rather than formal writing assignments.

Comments

Post a Comment

Popular posts from this blog

Tesla and the Struggle to Make a Profit

Image
Tesla and Elon Musk's Twitter* are both pretty big deals, but the deals that are being made aren't good. Tesla recently came out with a $35000 car -- their cheapest yet. While they keep trying to make cars more affordable, the company itself is losing money. Despite being a little over 10 years since its first car (the Tesla Roadster) was sold, Tesla still does not have a viable profit model. Just this week, Musk announced that they still wouldn't be able to make a profit in this first quarter of the year. Tesla had two consecutive quarters of profit in 2018. The company had its first profit with a net profit of $139.5 million in the 4th quarter and $311.5 in the third. In the same period last year, Tesla had lost $675 million. Evidentally, the company is moving in the right direction. During this time, Elon Musk also tweeted "Model 3 was the best-selling car in the US in terms of revenue and the 5th best-selling car in terms of volume". However, this success may...
Read more

Will Self Driving Cars be the Only Thing we See on the Road?

Image
Technology has advanced a lot in the past 20 years, and one of the most recent developments is self driving or autonomous vehicles. These vehicles have the goal of being completely self driving meaning the driver doesn't have to do anything the entire trip except tell the car what the final destination is. Companies like Waymo, based in the bay area, are very close to perfecting the technology and the biggest challenge for them now are getting laws to make self driving cars completely legal.  With the introduction of self driving cars, people wonder what will happen to manual driving cars in the future when self driving becomes more commercialized. Some people think it could take over the car industry and everything on the road will be robot controlled in the near future. This would cause a major shift in the market. Car manufacturers that don't switch soon could be behind when autonomous vehicles enter the market and their profits could feel the effect of that.  ...
Read more

Movie Theater Popcorn

Image
The experience of watching a movie in theaters isn't replicable. There's the large screen, the comfy chairs, surround-sound systems, and most importantly, the popcorn. Yet, movie theater concession are notoriously overpriced. Why? A study conducted by Stanford and UC Santa Cruz found that the strategy of pricing concessions high and keeping tickets low attracts more customers within a larger income range. By charging less to allow consumers to watch movies on a big screen, more people (especially those that are price-sensitive) are able to enjoy this experience. The movie ticket is a primary product in relation to a theater's profit model, and the snacks are secondary products: you don't have to buy concessions to enjoy a movie, but it certainly ups the overall experience. Most theaters rely heavily on concession sales to keep themselves afloat. Due to low revenues from tickets (a portion of the profits go to movie distributers), profits from the sales of popcorn an...
Read more