President Biden posted a video on X (formerly Twitter) calling on firms to stop shrinkflation a day prior to Super Bowl Sunday. He pointed out that drink bottles were smaller and chips bags contained fewer chips while prices remained unchanged. The post is viewed as one way he can connect with the American public about his understanding of the financial pain of inflation. However, it is too late to change package sizes prior to the Super Bowl.
Tag: pricing
Milk 2.0: How the Dairy Industry Plans to Save Milk (Micro News for January 11, 2020 – January 17, 2020)
Milk processors pay a set minimum price for raw milk. The prices, set by the US government since 1930, depend on numerous factors including the price of milk products like butter and cheese. The formula is so complex that most people have no idea how the price is determined.
Tesla is Raising Prices after Backtracking on Store Closures (Micro News for March 16, 2019 – March 22, 2019)
Tesla is Raising Prices after Backtracking on Store Closures
Microeconomic Weekly News Update January 5, 2019 – January 11, 2019
Tesla Will Cut Prices To Combat Tax Credit Phase Out
Pearson Economic News 