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Month: June 2022

The Economics of Parking

June 20, 2022June 20, 2022 MJEBoundaries of Economics

Written by Amanda Jaworsky While parking is not typically the first thing that people worry about when they drive somewhere, it can be a real hassle. Between being ticketed, towed, or having to pay high meter or garage prices, there […]

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How Do Buffets Stay Profitable?

June 6, 2022June 5, 2022 MJEBoundaries of Economics
Red Lobster storefront

Written by Christopher Qian Red Lobster, famously, once canceled its “Endless Crab” buffet after losing over USD 3.3 million.​ While this may seem shocking to many, from an economics perspective, such a case should be the norm. What restaurants face […]

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