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Posts Tagged ‘economics’

You’re So Competitive

January 13th, 2010
by Jennifer

It’s a competitive time of year. As anyone who even flips on a TV knows, it’s countdown to the Olympics time. And, I’m told, it’s nearly Super Bowl Sunday. So it’s all about the competition among highly trained and/or highly-paid athletes, coming soon to a screen near you.

But at the FTC, it’s all-competition, all the time. And, handily enough, the agency’s work on competition is laid out in cartoon form on YouAreHere.

Walk this way for a visit to the Food Court, where guides Isaac and Emily explain how competition gets you more for your buck.  The question is: pizza, pizza or pizza for lunch? Find out how businesses compete for kids’ dollars by giving them some combination of better prices, bigger selection, higher quality, or better service.
At Tripple Cold Creamery, find out how a possible merger of the only two ice cream places in town might tragically threaten dollar scoops of chocolate chip cookie dough ice cream. It’s serious business.

In the Candytooth Kingdom, you can learn about supply and demand…while playing a game, so it’s not all those graphs of demand curves that you may remember from Econ 101. (Seriously, which makes more sense: the game or the graphs? I know my answer to that question.)

Finally, a quick visit to the Cinema will give you an old-timey-style overview of the FTC’s history, and the low-down on whether Isaac and Emily are dating. (I’m thinking yes.)

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Posted in For Kids, NCPW | 4 Comments »