This is a collection of hyperlinks to current news articles that deal with economic concepts (labeled) for my current and former students. The opinions and conclusions are expressly those of the authors, not necessarily mine. I have not commented on these articles because I want my students to have a chance to do so in their homework assignments. I always enjoy hearing what they have to say when they have thought through and provided evidence for their arguments.
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Friday, June 21, 2013
Olive Garden drops prices again -- big mistake
http://money.msn.com/now/blog--olive-garden-drops-prices-again-big-mistake
Yet Olive Garden keeps focusing on 2012, when it misjudged consumer appetites by offering a 2-for-$25 three-course meal deal that was almost immediately undercut when competitors including DineEquity's (DIN -3.53%) Applebee's, Brinker Restaurants' (EAT -3.56%) Chili's and Bloomin' Brands' (BLMN +1.04%) Outback Steakhouse offered 2-for-$20 meal deals or $10 entrees.
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