Posts Tagged ‘Georgia’

  • Peanut prices respond to demand and supply

    Peanut Butter Economics

    Oct 20, 12 • 258 Views • No Comments

    Last year, we had a peanut shortage. As a result, Skippy raised its prices and Smucker’s removed its reduced-fat creamy peanut butter spread from supermarket shelves. But now, supply has responded. Predicting a record year, the USDA says the peanut...  [read more]

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    Supership Problems

    Dec 14, 10 • 267 Views • No Comments

    When is a supership a problem? When the water is not deep enough or the Bayonne Bridge is not high enough. To understand the Bayonne Bridge problem (and care about the answer), we have to look back to August 1914 and then ahead to August 2014. The Panama...  [read more]