Posts Tagged ‘monopoly’

  • 16748_robot.11.15.11_000017936450XSmall

    Sounds Like Bell Labs

    Nov 15, 11 • 275 Views • No Comments

    Google has a “secret” lab. Called Google X by the NY Times, it sounds like the old Bell Labs. Before 1984, when AT&T was a monopoly, their research subsidiary Bell Labs employed a battalion of scientists. For some, the assignment was just to...  [read more]

  • 16512_6.26_000008803278XSmall

    Can the USPS Deliver?

    Jul 25, 11 • 293 Views • No Comments

    You’ve got mail? Maybe not on Saturday. As explained in a Teaching Company lecture (#28), the U.S. Postal Service (USPS) faces competition from UPS and FedEx, from email, faxes, and texts. Their salaries average 30% higher than the private sector, they...  [read more]

  • 16312_4.16_000010337830XSmall

    Coupon Economics

    Apr 16, 11 • 280 Views • No Comments

    When Starbucks raised its prices during the beginning of 2010, it lowered the price of a tall regular to $1.70. But, if you wanted a splash of foam, a shot of espresso, or a touch of flavor, the addition could be expensive. For a triple grande soy vanilla...  [read more]

  • 15914_4.1_000004760445XSmall

    Popcorn Margins

    Sep 28, 10 • 338 Views • No 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...  [read more]

  • 15848_3.15a_000002547262XSmall

    Pricing Airline Tickets

    Aug 27, 10 • 271 Views • No Comments

    During the 1970s, a ticket to fly between New York and Washington, D.C. cost $50 whereas one between Los Angeles and San Francisco-almost twice the distance-cost only $40.  Why? Before deregulation in 1978, the interstate airline industry was...  [read more]