Posts Tagged ‘perfect competition’

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    A Blurry Customer Focus

    Jul 27, 12 • 373 Views • No Comments

    Several years ago, I walked into my local bank branch at 5:55. Knowing that they closed at 6:00, I thought I had some time but they said I was too late. I said I had 5 minutes, they said no and by the time we had concluded our exchange, it was 6:00. They said......  [read more]

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    Egg Surprises

    Apr 24, 11 • 445 Views • No Comments

    Egg prices are actually down. Averaging $1.73 a dozen during March, egg prices have fallen by 5% from March a year ago. So, yes, the CPI says the increase for food prices is up 2.7% during the past 12 months (March 2010-March 2011). But not for eggs. We could......  [read more]

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    A Chocolate Squeeze

    Jul 26, 10 • 433 Views • No Comments

    One person might have purchased enough cocoa to make 5 billion chocolate bars. And, he is not even in the candy making business. Instead, he is doing what financial speculators have tried to do for centuries. He is trying to corner a market. The man is......  [read more]

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    Khakis and Lettuce

    Apr 30, 10 • 412 Views • No Comments

    Do you remember when we only had Levi’s? Until the late 1970s when Jordache arrived in department stores, buying jeans was not about style. After that, designer jeans became a fashion statement as did their higher prices.   I wonder whether......  [read more]