Learn how utility functions derive demand functions and their role in maximizing consumer satisfaction and economic decision making.

The copper market's extreme contango, not seen since 1994, indicates accumulating inventories and faltering demand, especially from a weakening Chinese property market. Amidst global manufacturing ...

Pricing can be challenging for entrepreneurs. As a marketing and business consultant, I've seen that a pricing strategy that’s too low can diminish profit margins, but pricing that’s too high can ...

The history of the American marketplace is filled with examples of innovative, timesaving, lifesaving and, yes, fun products that start out expensive but then drop in price to become available for the ...

Lumber prices are on a roller coaster ride from high to low to a now elevated level at which they seem to have settled, for at least a short while longer. September’s all-time record price highs came ...