If you’re the only person selling water in the desert, you can pretty much charge whatever you like. If you’re selling sand, you’d better be selling it cheap. Like gravity is to physics, the law of ...

Here's a guide to the law of demand. The law of demand is a basic economics. As the price of at item rises or falls, with all other things staying the same, the demand for it rises or falls. However, ...

U.S. cattle farmers have faced significant challenges in recent years, from COVID-19-related supply chain disruptions, low ...

AI agents—autonomous systems that perceive, reason, and act on behalf of human principals—are poised to transform digital markets by dramatically reducing transaction costs. This chapter evaluates the ...

Appropriately adjusting recent labor market data shows that the growth in labor supply has slowed at the same pace as payroll ...