As we make the transition from consumers to producers it is important to consider the intersection of supply and demand. This week's video lecture shows an interesting segment of the market that is outside the lines of both.
One of the questions to the video lecture asks you to find your favorite knock-off. If you have a particularly good one, list it in the comments to this post.
And if you believe this article it will be your favorite. Behavioral economists have found that the first interaction you have with something, or someone for that matter, will stand out to you. What implications does this research have outside of the business world? As a business owner, how would you harness the "first is best" premise?
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