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10min chapter
A very Planet Money Thanksgiving
Planet Money
The Economics of Turkey Pricing
This chapter examines the intriguing phenomenon of counter-cyclical turkey pricing during Thanksgiving, where prices drop for consumers despite increased demand. The hosts discuss economic principles behind this trend, such as loss leader strategies and consumer behavior, while highlighting the competitive dynamics among grocery stores. Additionally, they explore the cultural significance of Thanksgiving dishes and the often-overlooked economics of home production in holiday preparations.
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