Posts Tagged ‘competitive market structure’

  • Amazon and Innovation

    Should the US Postal Service Be a Monopoly?

    Nov 14, 13 • 523 Views • No Comments

    The 5-digit zip code is rather amazing. Introduced by the US Postal Service in 1963, it became the key to automation. Whereas a single person could sort, at most, a letter in one second or 3600 an hour, zip codes meant machines could take over. Once we had...  [read more]

  • For cost and calories, Coca-Cola thinking at the margin

    Is “MexiCoke” Making a Mistake?

    Nov 8, 13 • 1444 Views • No Comments

    In Nevada convenience store coolers, at Wal-Mart or Costco, people empty the shelves the minute the Mexican Coca-Cola arrives. Coke says the glass bottle is the reason. Coca-Cola drinkers say they prefer “MexiCoke” because it is made with sugar...  [read more]

  • Ice cream stores

    Oligopoly: Selling Ice Cream in Finland

    Aug 30, 13 • 541 Views • No Comments

    The first Ben & Jerry’s Ice Cream Store was in a renovated garage near the University of Vermont. According to Ben and Jerry, ice cream and Vermont winters complement each other because you feel warmer when the inside of your body and the outside...  [read more]

  • pill...medicine...16800_pill.12.12.11_000014989557XSmall

    Demand and Supply: Who Buys Bayer?

    Aug 29, 13 • 681 Views • No Comments

    On a CVS shelf, you see Bayer and CVS aspirin. The Bayer, for 100 tablets /325 mg is $6.29 while the private label is $1.99. Each has the same active ingredients, dosage and directions. Which one will you purchase? It all depends. According to a University of...  [read more]

  • Ketchup

    Oligopoly: A Ketchup Story

    Feb 16, 13 • 504 Views • No Comments

    Called the “Ketchup Conundrum” by journalist Malcolm Gladwell, we have many mustards but only one ketchup. Grey Poupon transformed the mustard market. Originally a delicacy in the gourmet section, Grey Poupon was selected over French’s in...  [read more]