A "good" price for something today may have seemed outlandish five years ago.
A "good" price for something today may have seemed outlandish five years ago, and it's understandable to wonder whether today's price is just as fleeting.
The whole idea of what's a good price for a 12-pack of carbonated soft drinks has changed dramatically over the past few years."
Plenty of companies can move their prices, whether by using dynamic prices or downright raising prices, because they're the only game in town.
The answer to getting accustomed to high prices is basically to forget what those numbers were in 2019.
Persons:
Wendy's, they're, There's, Carly Fink, —, Fink, they'd, Jon Hauptman, Hauptman, Timothy Webb, University of Delaware who's, it's, Ravi Dhar, Taylor Swift, John Zhang, Webb, Dhar, Emily Stewart
Organizations:
Walmart, Price, University of Delaware, Center, Yale School of Management, Starbucks, Wharton, Business