cover image: Price flexibility

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Price flexibility

31 Oct 2012

If you think Chinatown normally has an unpleasant odor, imagine what it smells like 24 hours following no refrigeration. Street vendors were trying to unload perishables at bargain prices. I saw a fish weighing roughly 20 pounds and spanning 3 feet from head to tail go to a buyer for $1 dollar. $1 dollar!!!!! Here [...]
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Authors

Tyler Cowen

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© Tyler Cowen