Posts Tagged ‘monopolistic competition’

  • Affecting the cost of animal feed and lowering the amount of milk from cows, the drought is pushing up milk prices.

    The Tragedy of the Commons: Improving Your Reputation

    Mar 22, 13 • 307 Views • No Comments

    A small group of New Jersey winemakers has a problem. No one knows that they blend a gourmet product. After all, say, “New Jersey” and no one thinks vineyard. Most New Jersey wine, with strong hints of blueberries, raspberries or cranberries is...  [read more]

  • GoDaddy--The-Kiss-jpg

    Gender Issues: Sexism Sells

    Feb 11, 13 • 286 Views • No Comments

    By Lilli DeBode, guest blogger, senior at Kent Place School Basically everyone saw this commercial. And if you didn’t see it, consider yourself lucky. You were one of the few who were spared the experience of uncomfortably squirming around your couch,...  [read more]

  • Coffee Cups

    Competition: How Do Cups Affect Our Taste?

    Jan 13, 13 • 548 Views • No Comments

    I don’t quite understand why Dunkin’ Donuts and Starbucks use white cups. Sensory researchers have concluded that the color of the cup affects our taste perception. When 57 participants were asked to rate hot chocolate on several sensory scales,...  [read more]

  • Packaging can shape a buying decision.

    Packaging Matters

    Dec 13, 12 • 306 Views • No Comments

    How much do you think a package affects your buying decisions? In 2009, Pepsi changed Tropicana’s packaging. It was disastrous. Within 2 months, sales plunged 20% and they quickly switched back to their traditional orange with a straw. Some consumers...  [read more]

  • Pizza..16659_5.5_000015914228XSmall

    A Pizza Peace

    Sep 9, 12 • 331 Views • No Comments

    New York’s pizza price war has ended. During April, we could buy a 75-cent slice of pizza in midtown Manhattan. The brief price war that brought the price down from $1.50 to $1.00 to $.79 to $.75 has ended. As it unfolded, one owner said, “I’m...  [read more]