Very different under normal conditions, peanut butter and butterflies become rather similar during a coronavirus lockdown.
More than oysters and martinis, a Happy Hour at your favorite restaurant is really all about how supply and demand create more revenue.
The bendy straw was invented at the Varsity Sweet Shop in 1937. Where are we going? To why it’s tough to eliminate the bendy straw. But first some history… The Invention of the Bendy Straw Sitting at the Varsity Sweet…
Used in ice cream, India’s guar gum is also so necessary for fracking that the rise of oil prices created a guar bean bubble.
With printers and ink cartridges ideal for a razor and blade strategy, HP took the next step in a firmware update that had a delayed “DRM time bomb.”
Our everyday economics includes risk, externalities, purchasing power, complementary goods, capitalism, money supply, human capital, and innovation.
For complementary goods and services like cheese and chips, peanut butter and jelly or weddings and bridal gowns, their demand rises and falls together.
Our everyday economics includes developing nations, human capital, environment, behavioral economics, consumer spending, health care,incentives & sin taxes.
Knowing that reusable grocery bags shifts consumer spending to more indulgent purchases, supermarkets can respond with new prices and product placement.
At first no one wanted to buy Jell-O. The year was 1902, the product was jiggly, and people had no idea how to serve it. Then, its producers went door-to-door with free cookbooks. And the rest of the story is…