Posts Tagged ‘marginal revenue’

  • The Shot Clock and Technological Innovation

    The Surprising Impact of the Shot Clock On Basketball

    Apr 12, 14 • 287 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Economic History, Entertainment, Households, Innovation, Labor, Lifestyle, Media, Sports, Tech, Thinking EconomicallyNo Comments

    This 60-foot shot is amazing. The game was between Shakopee and Hopkins, 2 Minneapolis-St. Paul area high school basketball teams. Playing a semifinal playoff, in quadruple overtime, Hopkins won 49-46 with the 60-foot shot. Hopkins’s strategy? They

  • 15914_4.1_000004760445XSmall

    Popcorn Margins

    Sep 28, 10 • 229 Views • Businesses, Demand, Supply, and MarketsNo Comments

    Higher quality film? Better projectors? Online ticketing? No. The “most important technological innovation since sound” was the armrest cup holder (according to a movie theater owner). Please think about a cup holder. The cup holder makes huge