Seen while shopping around for a new vacuum cleaner:
For some reason, I can’t remember the economics term used to describe the fall in value of certain types of goods after a specific date. If you know, could you refresh my memory in the comments?
(Also: $185 is a lot to ask for a mangy-looking tree.)
And no, the term I’m looking for isn’t “SALE”, as my smart-ass schoolmate William Merlet suggested on Facebook.
It’s Sunday, and it’s time for another “picdump!” Here are the memes, pictures, and cartoons…
It’s Sunday, and it’s time for another “picdump!” Here are the memes, pictures, and cartoons…
https://www.youtube.com/shorts/AvuwH_KyiKY Maybe it’s just me, or perhaps it’s the song itself, but I find that…
Bonus picdump! Here are 99 pics, comics, and memes about the current algae-infested state of…
It’s Sunday, and it’s time for another “picdump!” Here are the memes, pictures, and cartoons…
It’s Sunday, and it’s time for another “picdump!” Here are the memes, pictures, and cartoons…
View Comments
Panic.
That might not be the actual technical term.
Fire sale?
Zune? Vista?
Peak pricing?
http://www.economist.com/research/economics/alphabetic.cfm?letter=P#peakpricing
Utter is close; what you have described in the post is really off-peak pricing; the downward trajectory of the fee as the commodity slips down the demand schedule.
Inflection point would also work, since Christmas is the transition point between the pre-Christmas increased marginal value, and post-Christmas decreased value.
in the airline industry yield management is responsible for a lot of the different pricing you can see over time. One of the elements of yield management is the perishability of the good. (that is they become value-less after a certain time period). [in the airline case, seats can't be sold after the plane leaves]
so i would guess 'perishable' is close to what you're looking for.
http://www.snpp.com/episodes/2F14.html
Broker: Homer, you knuckle-beak, I told you a hundred times: you've got to sell your pumpkin futures before Hallowe'en! Before!
Homer: All right, let's not panic: I'll make the money back by selling one of my livers. I can get by with one.
Depreciation