When a Subway footlong is 11 inches and a box of Whoppers is half full, we can ask about the lawsuits that tried to remedy their misleading packaging.
A Different Kind of Apple Patent
Whether looking at the iPhone or at Washington state’s farmers, producers care about apple patents that protect new products.
How Restaurant Psychology Affects Us
Including music and seating design, restaurant psychology affects table turnover by influencing how fast we eat and drink.
A Marijuana Branding Problem
Soon to become big business, marijuana branding is helped by catchy names but restricted because of trademark constraints.
Weekly Roundup: From Santa’s Salary to Holiday Spending
This week’s economic news summary includes Apple’s corporate taxes, Santa’s GDP connection, seasonal spending, the gender gap and the brain and shopping.
How Fast Fashion Affects Our Brain
Through the pleasure and pain that fast fashion shopping creates in our brains, we can see why the business model is good for monopolistic competition.
Weekly Roundup: From Uber Drivers to Gasoline Prices
Our economic news summary includes labor regulation and Uber, the GDP and streets, gasoline price fluctuation, food and inequality and markets and syrup.
Rockets, Feathers and Gasoline Prices
Gasoline prices rise faster than they fall because monopolistic competition provides retailers with some price control although their product is identical.
Weekly Roundup: From Greek Games to Tennis Matches
Our everyday economics includes externalities, branding, monopolistic competition, sovereign debt, game theory, elasticity, taxes, markets and the glass ceiling.
How Honeycrisp is Similar to American Pharoah
With the creation of the Honeycrisp, perfect competition became monopolistic competition in the apple industry and quality and quantity incentives changed.