'Attention, Starbucks M&A execs'
After seeing what Starbucks’ management did last quarter, Washington may want to turn over its operations.
Pricing menus like airline tickets
The airline industry learned long ago that, since the availability of seats is fixed, prices can be adjusted with demand. They charge more during peak times, less off-peak; over time, their customers have become accustomed to this variability. So, with a limited number of seats in your restaurant and a similar variability in demand, why can’t you do the same?