3 ms·
I don't think it's relevant to compare popcorn to positional goods like housing.
by bernawil 8y ago
I don't think it's relevant to compare popcorn to positional goods like housing.
- conanbatt 8y agoWhat would be the difference
- bernawil 8y agoThey are radically different. Corn is the textbook example of a commodity while land is the textbook example of a positional good. You could sell any realistic amount of gourmet popcorn without affecting the supply of corn nor the price of other popcorn products, while selling housing affects the supply of land and the desirability of that housing stock.