When people are not going to drink128,000 Mint Juleps because the Kentucky Derby is postponed, the local mint grower has a problem.
When you see why movie theater tickets are cheap and movie theater popcorn is so expensive, you might want to buy more popcorn.
If you tried to book a room at the Taco Bell pop-up hotel or ordered a burrito at one of their restaurants, you might have seen Taco Bell’s supply problems.
While we see similar tastes and shopping patterns in the world’s most expensive cities, the reasons for a high and low cost of living vary.
When Massachusetts voters said yes to legal marijuana, they made an economic decision that relates to competition, taxes, and banking.
Adding to the value of a good or a service, firms in the top 15 global brands like Apple and Amazon have our loyalty by distinguishing what they produce.
To understand why certain cities have more dog walkers, scientists, and pastry chefs, we just need to look at the geography of jobs.
During Super Bowl LIII, Bud Light’s beer ads started a corn syrup war that unfolded during the game and after but was really about product differentiation.