Posts Tagged ‘oligopoly’

  • 16869_groceries..1.14_000014201727XSmall

    Our Shopping Habits

    Feb 20, 12 • 289 Views • No Comments

    Our story starts during the 1990s. When Procter & Gamble (P&G) first advertised Febreze as a room deodorizer, they thought it would be an instant success. However, the households that most needed it did not respond and sales were tepid.  Realizing...  [read more]

  • Gasoline prices add 9/10 at the margin

    Higher Gas Prices

    Jun 5, 11 • 334 Views • No Comments

    How have we responded to higher gas prices? According to a recent study, our first response is to buy a lower grade of gasoline. Drivers, used to premium, opted for regular gasoline instead. However, because we have different “budget baskets,” we...  [read more]

  • 16394_5.27_000016044100XSmall

    Apple vs. Amazon in the Fight Over Gaga

    May 27, 11 • 232 Views • No Comments

    From a guest blogger, Frances Bird, AP econ student: Lady Gaga, America’s current pop queen sensation, is being used to boost Amazon sales, if not permanently, then temporarily. Amazon is using Lady Gaga’s recent album, Born This Way, to compete...  [read more]

  • 16364_5.11_000016185560XSmall

    Brand Matters

    May 11, 11 • 212 Views • No Comments

    Not so long ago, an apple was just a piece of fruit and a “google’ (actually spelled googol) was 10 raised to the 100th power. Mention apple today and most of us think of iPhones and iMacs. However, Apple is not just a technology company. As with...  [read more]

  • 16254_3.18_000003959847XSmall

    Soda Wars

    Mar 18, 11 • 407 Views • No Comments

    Diet Coke just pushed Pepsi out of the #2 spot in soda sales. Other soda facts… As reported by Beverage-Digest, Coke (17%) remains the most popular carbonated soft drink with Diet Coke (9.9%) next and then Pepsi (9.5%) and Mt. Dew (6.8%). The number...  [read more]