price elasticity of demand

November 2, 2018

What Do Coca-Cola and Reese’s Peanut Butter Cups Have in Common?

Reese's Peanut Butter Cups and Coca-Cola are just two examples of higher consumer prices because transport and ingredient costs have gone up.

October 1, 2018

The Reasons That Airlines Boost Fees Rather than Fares

When the rising price of fuel boosts airlines' costs, they can buoy their bottom line by increasing optional and barely noticeable fees or raising fares.