Econ Photo
Home Photos Projects
HomePhotosProjects
Econ Photo

Discriminating Pasta

sticky_pasta_price.png

A demand shock for pasta, beans, and rice should have driven prices up. However, prices and pasta can be sticky. Sometimes it’s easier to sell out of stock than adjust the posted prices.

Randy AvalosMarch 9, 2020transaction cost, price elasticity, Price Discrimination, demand, demand shock, sticky prices, menu costs, SF Bay Area
Facebook0 Twitter LinkedIn0 Reddit Tumblr Pinterest0 0 Likes
Previous

Street Dog

Randy AvalosApril 21, 2020public good, opportunity cost, street, covid19, SF Bay Area, dog, right of way
Next

Monkeys

Randy AvalosFebruary 20, 2020transaction cost, coffee, banana, forecasting, free, pricing