That’ll cost you.
AP Photo/Erik Verduzco
The answer lies in the tax code.
Not even she can keep everyone happy.
Matt Rourke/AP Photo
Sometimes, good news for investors is bad for consumers.
Several news outlets recently ran stories suggesting Wendy’s would raise prices during busy periods, prompting widespread backlash and criticism online.
(AP Photo/Charlie Neibergall)
Although Wendy’s won’t be exploring dynamic pricing until 2025 at the earliest, this type of pricing strategy is nothing new for many industries.
Cocoa farmers in Ghana struggle with poverty.
Getty Images
Ghana and other west African cocoa growing countries must harness their combined bargaining strength to address the challenges plaguing cocoa farming.
From limited editions to spelling errors, only the rarest Beanie Babies are worth money.
iStock
An expert in high-end collectibles explains why certain items can become valuable – and also how they can lose worth.
West African cocoa farmers are largely poor despite the value of their crop.
Irene Scott/Wikimedia Commons
Ghana and Côte d'Ivoire’s best option is to control and restrict supply instead of simply adding a price premium.
RyanAir like most airlines ise price discrimination techniques to attract customers. Find out how.
Pxhere
Price discrimination is a strategy companies use to charge different prices to consumers for the same or similar product or service. How does it work?
Workers produce medical marijuana at Canopy Growth Corporation’s Tweed facility in Smiths Falls, Ont.
THE CANADIAN PRESS/Sean Kilpatrick
In competing with Canada’s black markets, legal cannabis has potential strengths and weaknesses. Most flow directly from governments’ policy choices.
Modelling shows the NBN needs subsidies to have the most impact.
AAP
Almost half of eligible households haven’t connected to the NBN. New modelling shows the NBN needs subsidies if we want more people to connect and the economy to benefit from it.
A technician checks a smart meter data in this file photo. Research suggests the technology fails to affect consumer behaviour.
(AP Photo/Toby Talbot)
Data suggests a smart-meter plan to shift electricity use to off-peak hours has had almost no impact.
Uber is changing the way it calculatess fares.
Ritchie B Tongo/EPA
Charging consumers different prices for the same service is actually a very common practice called “price discrimination”.
Perhaps there shouldn’t be this many discounts.
Paul Miller/AAP
Discounts can be really powerful in driving sales, but companies should be wary of overusing them.
Pay-what-you want at the British Museum.
Eric Pouhier/Wikipedia
Across the street from my office is a museum full of fascinating collections that include paintings, sculptures, porcelains, and ancient archaeological finds. The chance to admire them all costs you nothing…
The cinema industry needs to be more open to changing its distribution model.
palomaleca
In the last fortnight, senior executives from cinema operators in Australia, including Village Roadshow and Palace Cinemas, have come out defending their decision to raise movie ticket prices. But do their…