The warning label creates a supply and demand dilemma because producers want you to read all of it…but not really.
What Levi’s Jeans Tell Us About Russian Sanctions
Trying to copy Levi’s, the East German government’s problems with Communist jeans illustrated why East Germany and Russia need Western goods.
Why Gasoline Prices Rise Faster Than They Fall
Seeing that barrels of crude oil are increasing expensive, we can ask if and how quickly our gasoline prices will respond.
Why You Buy Meatballs and Chairs at the Same Store
When we look at IKEA’s selling strategies, we can see meatballs and chairs or the principles of demand in action.
Why Dodge Minivan Owners Are Smiling
Seeing the pop in the price of a “pre-owned” Dodge minivan, we can look at the reasons for higher used car prices.
How a Stuck Ship Created Maine’s Chocolate Milk Misery
Maine’s chocolate milk misery grew as supermarket shelves emptied and none was available from Houlton Farms.
When Is Amazon Prime’s Price Too Pricey?
While the history of Amazon Prime price hikes shows membership continued to grow, we can ask if a new increase will have the same impact.
The Tangles in Our Supply Chain
Globally creating supply chain tangles, the pandemic produced labor shortages and shipping distortions that the system couldn’t handle.
How Covid Caused a Bagels and Cream Cheese Crisis
Covid’s impact on factory labor, truck drivers, and packaging supplies has resulted in a New York City cream cheese shortage.
A Christmas Tree’s Economic Message
About much more than foliage, Christmas tree economics convey a message composed of the price increases that are rippling across the U.S.