We can use the economics of Crocs to understand why so many of us are willing and able to purchase an aesthetically questionable shoe.
Why Theaters Could Have Popcorn Problems
Movie theaters operators warn us that remnants of pandemic supply chain disruptions could create popcorn problems.
The Dilemma That Comes With a Warning Label
The warning label creates a supply and demand dilemma because producers want you to read all of it…but not really.
Why Hydration Was Invented
Decades ago, before anyone started thinking about hydration, we were okay. But now, we go nowhere without our water bottles. Why? Inventing Hydration Many of us have been told to drink eight 8-ounce cups of water a day. Known as…
Office Paper, Pizza Boxes, and the Pandemic
The pandemic has created the incentive to recycle more (cheesy) pizza boxes because we are recycling less office paper.
The Ups and Downs of Global Beer Consumption
Your beer consumption can depend on where you live, whether you prefer wine, your country’s traditions, and your income.
How the Pandemic Affected Peanuts and Butterflies
Very different under normal conditions, peanut butter and butterflies become rather similar during a coronavirus lockdown.
Why It’s Now the Pits For Avocados
Although Fresh Direct did not really eliminate the avadcado pit, they could more accurately tell us that they were increasing avocado prices.
Why You Should Eat Before You Shop
A surprising cause of a change in demand, hunger might make us want to shop more. Traditionally, a change in demand results from a demand determinant.
Four Ways to Understand Marijuana Demand
With an increasing number of states legalizing marijuana, demand is shifting because of changes in utility, complementary products and the number of buyers.