October 17, 2022
The incentives created by fall farm festival prices shape the money that families spend when they visit a farm on a beautiful autumn day.
The incentives created by fall farm festival prices shape the money that families spend when they visit a farm on a beautiful autumn day.
Whether looking at a pumpkin slingshot, pumpkin purchases, or pumpkin planting, the incentives are always at the margin.
For the next bite of a doughnut or the next try at a pumpkin slingshot, economist Alfred Marshall's marginal analysis helps you decide whether to say yes.