Posts Tagged ‘consumer demand’

  • How much should cities plan for the storm of the century?

    Monopolistic Competition: Weather Analytics

    Aug 16, 13 • 326 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Economic Humor, Households, Innovation, Thinking EconomicallyNo Comments

    Research indicates that there is an inverse relationship between the quantity of frozen yogurt New Yorkers demand and wind speed. The higher the wind, the less yogurt they want. By contrast, they buy significantly more frozen yogurt on hot and on sunny days.