Jul 15, 12 •
324 Views •
Behavioral Economics, Businesses, Demand, Supply, and Markets, Economic History, Households, Innovation, Thinking Economically, Uncategorized •
Elaine Schwartz •
Henry Ford once said that: “If I’d have asked my customers what they wanted, they would have told me ‘A faster horse.’ ” Similarly, asked about spaghetti sauce during the 1980s, consumers primarily knew about Ragu’s
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