Posts Tagged ‘competitive market structures’

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    Coupon Economics

    Apr 16, 11 • 165 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Thinking EconomicallyNo Comments

    When Starbucks raised its prices during the beginning of 2010, it lowered the price of a tall regular to $1.70. But, if you wanted a splash of foam, a shot of espresso, or a touch of flavor, the addition could be expensive. For a triple grande soy vanilla

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    Restaurant Economics

    Apr 10, 11 • 183 Views • Behavioral Economics, Demand, Supply, and Markets, Labor, Thinking EconomicallyNo Comments

    For a new restaurant in Chicago, Next, no one is sitting at the phone taking reservations. Instead, online, you can buy a ticket for a table seating 2 or 4 (not 3 or 5). According to Chicago Magazine, the tickets are nonrefundable, include the tip and tax,

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    Salad Bar Economics

    Mar 22, 11 • 257 Views • Businesses, Demand, Supply, and MarketsNo Comments

    Sometimes a salad bar is about much more than lunch. According to the NY Times Magazine, it can also be about value when you compare the salad bar to the produce aisle. If, as at the Whole Foods in Manhattan, you pay $7.99/lb. for your salad, you should avoid

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    Soda Wars

    Mar 18, 11 • 331 Views • Businesses, Demand, Supply, and Markets, HouseholdsNo Comments

    Diet Coke just pushed Pepsi out of the #2 spot in soda sales. Other soda facts… As reported by Beverage-Digest, Coke (17%) remains the most popular carbonated soft drink with Diet Coke (9.9%) next and then Pepsi (9.5%) and Mt. Dew (6.8%). The number

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    Search Engine Competition

    Feb 14, 11 • 174 Views • Businesses, Demand, Supply, and MarketsNo Comments

    Reading about Lillian Virginia Mountweasel in the 1975 edition of the New Columbia Encyclopedia, you would have discovered that she, a fountain designer and rural mailbox photographer, died in an explosion when working for Combustibles magazine.  But she