It's Always Sunny in Philadelphia, "Underage Drinking: A National Concern"

Posted by TV for Econ On Sunday, April 18, 2010 0 comments

Price Discrimination, inelasticity, monopoly, and business ethics (Great discussion starter!). 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.

DVD Location: Season 1, episode 3.

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