Posts Tagged ‘demand’

  • 15763_5.7_000010364681XSmall

    The Norwegian Butter Crisis

    Mar 25, 12 • 802 Views • 1 Comment

    Reserves were low, demand was high and prices skyrocketed. No, not oil. Butter. Butter demand surged in Norway several months ago when a low carb high fat diet swept the nation. At the same time, the supply of butter plunged because wet weather diminished the......  [read more]

  • Painting_000019117366XSmall

    A Top Selling Artist

    Mar 24, 12 • 522 Views • No Comments

    At a Christie’s auction, a painting of a candle by German artist Gerhard Richter sold for $16.5 million. A recent documentary on this 80-year-old artist shows him painting in his studio and attending gallery and museum exhibitions of his work. Neither......  [read more]

  • 16869_groceries..1.14_000014201727XSmall

    Our Shopping Habits

    Feb 20, 12 • 664 Views • No Comments

    Our story starts during the 1990s. When Procter & Gamble (P&G) first advertised Febreze as a room deodorizer, they thought it would be an instant success. However, the households that most needed it did not respond and sales were tepid.  Realizing......  [read more]

  • 16906_pigeon.2.3_000014088080XSmall

    Pricey Pigeons

    Feb 3, 12 • 546 Views • No Comments

    At the Paradise Pigeon auction in Belgium, a Dutch breeder sold a female pigeon to a Chinese shipbuilder for $328,000. Purchased to breed rather than race, Dolce Vita (the bird) will enable Hu Zhen Yu, also the owner of a pigeon racing group, to elevate China......  [read more]

  • 16904_chicken wings.2.2_000006136652XSmall-1

    Super Bowl Economics

    Feb 2, 12 • 597 Views • No Comments

    The least expensive Super Bowl weekend in Indianapolis might cost close to $6248. That means you purchased a “nosebleed” seat for $2100 from StubHub, your coach airfare from NY or Boston was $1379 instead of the usual $400, and you are paying......  [read more]