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    S E21: Market Power - Why businesses charge more

    S E21: Market Power - Why businesses charge more

    FromThink Like An Economist

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    S E21: Market Power - Why businesses charge more

    FromThink Like An Economist

    ratings:
    Length:
    19 minutes
    Released:
    Dec 8, 2020
    Format:
    Podcast episode

    Description

    What's the competition? When businesses have less competition, they have more market power and can raise their prices. Betsey Stevenson and Justin Wolfers explore competition in the market place and the way it shapes prices - and profit.Co-Host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
    Released:
    Dec 8, 2020
    Format:
    Podcast episode

    Titles in the series (54)

    Think Like an Economist and you’ll see the world more clearly, empowering you to make better decisions at work, at home, and in your community. Leading economists Betsey Stevenson and Justin Wolfers will take you on a joyous romp through their field as they introduce you to the big ideas in economics, and show how you can apply them to live in your own life. Their signature approach reveals that every decision is an economic decision and this podcast uncovers the economic forces that shape the world around you. Betsey and Justin believe that economics is a superpower, and they want to teach you to fly.