Supply & Demand

Powered by algorithms and AI, a growing number of consumer industries are adjusting prices in response to supply and demand

Activities in the rest of your life now feature dynamic prices, which change along with demand.

The UK’s biggest pub company is trying to offset high costs with "dynamic pricing".

Olive trees in Spain and neighboring countries have little fruit, which itself could wither away

Shippers are paying up to $2.4 million per vessel if they want to beat a logjam of carriers waiting to sail through the drought-affected Panama Canal, according to one company active in the market.

Plot data from a demand schedule to create a demand curve graph.

We can add cork stoppers and bottle screw tops to the world’s changes in supply.As a result, we might be opening our wine bottles differently.Today's econlife blog: https://t.co/CkbihSNYcH#econlife #corks #supplychain pic.twitter.com/J6wEHoo0sb— econlife.com (@Econlife) August 28, 2023

Making wine is getting more expensive due in part to recent world events, and the French are drinking less of it.

The company is trying “to migrate more subs to the advertiser-supported tier,” CEO Bob Iger said.

There may be one person benefiting most from Messi’s otherworldly play—Messi himself.

Diapers, food, rent — around the world, prices are rising. So what can we do about it?Subscribe and turn on notifications 🔔 so you don't miss any videos: ht...

Consumers have largely had their fill of “revenge spending” on big vacations and dining out, although wealthy travelers are still splurging on pricey trips abroad.

The Kanye West and Adidas partnership may be over, but Adidas reports that the rapper’s shoes drew sales of $437 million in recent months.

International travel is so back.

Kraft Heinz CEO said that despite declining volume and market-share losses, he doesn't believe prices were raised too much.

“I need this! But I’m lazy to make my own so Amazon to the rescue!!”

Got milk? Demand for milk is down this year, causing an oversupply for farmers.

Dozens of drugs made by Pfizer Inc. may be more difficult for hospitals to purchase because they were manufactured at the company’s North Carolina plant that was damaged by a tornado last week.

Will it usher in an era of more original films and fewer sequels?

World’s biggest olive producer, Spain, on course for second bad harvest in a row, raising fears of gaps on shelves and even higher prices

Tourists visiting southern Europe amid a heat wave might question whether summer is the best time to visit.

Double feature summer begins July 21 with Oppenheimer and Barbie

"The last time this happened was a little bit at the beginning of the pandemic, and before that, it was almost unheard of."

The prolonged shortage of a certain red sauce is making the black market go wild.

“A Pennsylvania-based gas chain dropped its prices to $1.776 for the 4th of July, and economics educators now have a great clip for how price changes impact the quantity demanded #TeachEcon https://t.co/r5zhgbQmCS”

After years of declining demand, orange juice sales have hit their highest level since 2016....

“We just don’t have a peach crop,” one Peach State farmer lamented.

Is having a fruit on your license plate the new Sports Illustrated cover jinx?