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Keyword: historical cost

Price Gouging - Historical vs Opportunity Cost cartoon (10/8/2017)

Pricing at opportunity cost rather than historical cost can solve market shortages. In other words, "price gouging" can be an unsung hero.

Keywords: cartoon, historical cost, opportunity cost, price gouging, scarcity, shortage

Price Gouging? - Historical Cost vs Opportunity Cost cartoon (4/12/2013)

Pricing at opportunity cost rather than historical cost can solve market shortages. In other words, "price gouging" can be an unsung hero.

Keywords: economics cartoon, flashecon, historical cost, opportunity cost, price gouging, Storm Sandy