{"id":6897,"date":"2012-11-22T09:00:28","date_gmt":"2012-11-22T14:00:28","guid":{"rendered":"http:\/\/www.Centives.net\/S\/?p=6897"},"modified":"2012-11-22T01:15:07","modified_gmt":"2012-11-22T06:15:07","slug":"why-does-the-price-of-turkey-go-down-during-thanksgiving","status":"publish","type":"post","link":"https:\/\/www.Centives.net\/S\/2012\/why-does-the-price-of-turkey-go-down-during-thanksgiving\/","title":{"rendered":"Why Does The Price Of Turkey Go Down During Thanksgiving?"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.Centives.net\/S\/wp-content\/uploads\/2012\/11\/112212_0610_WhyDoesTheP1.jpg\" alt=\"\" width=\"640\" height=\"640\" \/><\/p>\n<p>An increase in demand causes prices to increase \u2013 that basic and intuitive economic relationship appears to fall apart during thanksgiving when supermarkets advertize their discounted turkeys \u2013 even though demand must surge then. In 2011 and 2012 Matthew Yglesias explained why this was the case:<\/p>\n<ul>\n<li>Stores discount the turkey to lure you in\u2026but they jack up the prices on complimentary goods such as stuffing and sweet potatoes.<\/li>\n<li>Evidence also suggests that instead of giving you standard turkey at lower prices; supermarkets sell lower quality turkey for the discounted price &#8211; the idea being that you know that most of the turkey will be consumed by your guests instead of you and so you don&#8217;t care about its quality as much.<\/li>\n<li>The price of higher quality turkeys seems to be going up.<\/li>\n<\/ul>\n<p>Read more about the economics of thanksgiving Turkey at the source links below.<\/p>\n<p>Source: <a href=\"http:\/\/www.slate.com\/articles\/business\/moneybox\/2011\/11\/the_economics_of_turkey_why_has_the_price_of_it_been_rising_.html\">Slate 2011<\/a>, <a href=\"http:\/\/www.slate.com\/blogs\/moneybox\/2012\/11\/21\/thanksgiving_turkey_prices_seasonal_goods_are_cheaper_at_peak_demand_points.html\">Slate 2012<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An increase in demand causes prices to increase \u2013 that basic and intuitive economic relationship appears to fall apart during thanksgiving when supermarkets advertize their discounted turkeys \u2013 even though demand must surge then. In 2011 and 2012 Matthew Yglesias explained why this was the case: Stores discount the turkey to lure you in\u2026but they [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-bulletin"],"jetpack_featured_media_url":"https:\/\/www.Centives.net\/S\/wp-content\/uploads\/2012\/11\/112212_0610_WhyDoesTheP1.jpg","_links":{"self":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/6897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/comments?post=6897"}],"version-history":[{"count":3,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/6897\/revisions"}],"predecessor-version":[{"id":6900,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/posts\/6897\/revisions\/6900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media\/6896"}],"wp:attachment":[{"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/media?parent=6897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/categories?post=6897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.Centives.net\/S\/wp-json\/wp\/v2\/tags?post=6897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}