Supply/Demand/Prices

A look inside the pricing playbooks used by dozens of unicorn companies with Pete Flint and Madhavan Ramanujam.

The former Art Van Furniture headquarters property in Warren has been listed for sale for $65 million. That's an eye-catching number because just a few weeks before, its new tenant, Loves Furniture Inc., filed for Chapter 11 federal bankruptcy protection, the property was listed for $53.9 million…

‎Show Think Like An Economist, Ep Equilibrium - Balance in a Busy World - Sep 21, 2020

Consumers seeking a recently released Microsoft Xbox Series X or Sony PlayStation 5 gaming console are mostly out of luck as the systems are in scarce supply. But for those willing to pony up the cash, they can find one on the StockX e-commerce platform. The Xbox and PS5 were the fourth and…

The coronavirus pandemic has had a negative affect on many industries but one seasonal business, particularly in Michigan, is seeing a major boon.Christmas tree sales so far this holiday season have hit unprecedented levels, according to a survey conducted by the Michigan Christmas Tree Association…

Over the past two weeks, Ford began delivering its much-anticipated 2021 F-150 pickups to dealerships.

Update: We were excited to see Srijan featured in 2019 in this YouTube video . Thanks for first sharing your story with us, Srijan! Srijan Sharma responded to our recent outreach for student entrepreneurship stories by contacting us to say, “I would love to share my experiences maintaining my online business with the readers of the […]

DEMAND LAW OF DEMAND “More of a good will be bought the lower its price, less will be bought the higher its price, ceteris paribus.” Law of Demand implies that there is an INVERSE relationship between P, Qd – other things staying the same: What would affect your willingness or abil...

Independent Institute Research Fellow Art Carden on the economics behind price gouging.

Prices for cleaning products went gangbusters this year pic.twitter.com/BbO9kJJsCz— Morning Brew ☕️ (@MorningBrew) November 14, 2020

Why Supreme is so expensive pic.twitter.com/CUUMEhIWba— Business Insider (@businessinsider) October 31, 2020

Slightly more than half of Americans say they are stockpiling food or plan to because of fears of a COVID-19 surge and unrest around the election.

Can patients be coached to ask the right questions to doctors about treatment costs when they are seeking cancer treatment?Lauren Hamel, a researcher in population health and assistant professor in oncology at Wayne State University School of Medicine, felt they could ask better questions and also…

After months of President Trump calling on the Postal Service to increase prices for commercial customers, the agency has agreed to seek rate hikes.

Buyers are rushing to get more living space as the pandemic continues. But many potential sellers are keeping their homes off the market, resulting in the worst drought on record of previously owned homes for sale.

The delay of the spring buying season prompted by the COVID-19 pandemic continues to fuel home sales into the colder months that are typically slower for the housing market. Data from Farmington Hills-based Realcomp Ltd. II released this week shows yet another consecutive month of year-over-year…

Stanford's Paul Milgrom and Robert Wilson are honored for their "inventions of new auction formats." Auctions are now used to price Internet ads, wholesale electricity and fishing permits.

Denver is experiencing its most competitive housing market in history, largely driven by the new work-from-anywhere culture of the coronavirus pandemic.