Planet Money: Why The Price of Coke Didn't Change For 70 years
Oxford College Principles of Microeconomics Course · Daniel Ludwinski
September 17, 202520m 34s
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Show Notes
From Planet Money:
Prices go up. Occasionally, prices go down. But for 70 years, the price of a bottle of Coca-Cola didn't change. From 1886 until the late 1950s, a bottle of coke cost just a nickel.
On today's show, we find out why. The answer includes a half a million vending machines, a 7.5 cent coin, and a company president who just wanted to get a couple of lawyers out of his office
Prices go up. Occasionally, prices go down. But for 70 years, the price of a bottle of Coca-Cola didn't change. From 1886 until the late 1950s, a bottle of coke cost just a nickel.
On today's show, we find out why. The answer includes a half a million vending machines, a 7.5 cent coin, and a company president who just wanted to get a couple of lawyers out of his office
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microeconomicseconomicsgovernmentpublic policyeconomyeducationcourseEmoryEmory UniversityOxford College