Classic supply and demand in statewide markets, marijuana prices have been plunging in many of the places where it is legal.
The Inelastic Side of Inflation
We can see that our inflation concern has become inelastic when we look at the basic groceries that are more expensive.
The Real Reason a Springsteen Ticket is Pricey
Observing all the laws of supply and demand, Broadway ticket revenue is hitting new highs because of scarce theater space and three blockbuster hits,
How Much Will You Pay For the HOT Lane?
The results of dynamic tolling appear to be surprising the Florida Department of Transportation. Alone in your car on Florida’s I-95, you no longer have to remain in slow moving traffic. For a price, you can enter a HOV (High…
Is $3.9 Million the Right Price for a Super Bowl Ad?
In an ad for the (Super Bowl) ad, Stephen Colbert talks about Wonderful Pistachios. http://www.youtube.com/watch?v=oKAG7UJ-NWk Fox said its Super Bowl TV ad inventory (estimated at 65 spots) for the game is sold out. According to Ad Age, that inventory included…