Economics seems so easy…supply and demand. As demand goes up, supply reacts accordingly – either supply remains unchanged, but higher prices and longer waits satisfy the demand or increase the supply to satisfy the demand while keeping prices …
My youngest daughter is in the 1st grade, and she recently did a biography report on Jane Goodall, the world-renowned primatologist expert. As part of the research I helped her with, I came across a primatology example that …