Posts Tagged ‘poor’

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    Developing a Soda Habit

    Jul 26, 12 • 201 Views • Behavioral Economics, Businesses, Demand, Supply, and Markets, Developing Economies, Households, International Trade and Finance, Macroeconomic Measurement, UncategorizedNo Comments

    Why do Brazilians drink Coca-Cola? Our story starts during 1990. Trying to cope with an 80% monthly inflation rate, Brazilian shoppers rushed to supermarkets early in the morning before higher price stickers replaced the old ones. In just one month, a $1