Who is actually still spending money?” asks a headline on a Chinese news site. The article shows a chart that has gone viral: ...
Despite the decline in plant-based meat and veganism itself, many consumers are still making an effort to reduce meat consumption. They are called reductarians. What is a reductarian? What is the ...
Learn about value deflation where businesses reduce product quality or size instead of raising prices, affecting consumption ...
Discover Hotelling's Theory, which explains how owners of nonrenewable resources decide whether to extract and sell based on future price predictions and interest rates.
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