Economics of the Hockey Equipment industry?
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05-30-2010, 08:44 PM
Join Date: Jun 2009
Originally Posted by
Price floor meaning they set prices above equilibrium so quantity supplied exceeds quantity demand. As they phase out the product, they gradually lower prices until all goods are sold.
True, it's also interesting to note that over on MSH, they say that Easton never blowout sticks near the end of the season to eliminate excess stock...Easton believes that it is better to have a shortage than overstock
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