Underage Drinking: A National Concern
Media Type: TV Clips Topic: Incentives, Pricing, The Firm
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It's Always Sunny in Philadelphia
The gang suddenly finds that their normally vacant and unprofitable bar overrun with underage drinkers. The gang exploits the inelastic demand from the underage drinkers by watering down the drinks to make more profit. I have found this to be a great discussion starter about inelastic demand, incentives, and short-run profits.Available on iTunes Available on Amazon.com
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