Reducing Movie Costs

The law of demand says that quantity demanded goes down as price goes up. If you are a retailer, that means that there are people who will insist on a lower price and those who are willing to pay a higher price. When I taught economics, I used the cost of movie options available where I live to demonstrate a demand curve. Movie theaters charge the prices they do for entry and snacks because they can. Continue reading Reducing Movie Costs

Reducing Pet Expenses

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Fourteen years ago, when our older daughter was in second grade, she came hold and told us,”A boy in my class has kittens, and they’re free!” After chuckling about it, my wife and I agreed to let each of our daughters each pick out a kitten. I would have preferred a dog, but cats are more self-sufficient, which makes traveling easier. Continue reading Reducing Pet Expenses