Say Cheese! ...Now Explain How to Price It
Man, do we spend a lot of our hard-earned cheese on...cheese. So how exactly do cheesemakers decide on how much to charge? James Tarmy of Bloomberg Businessweek gives us a peek into the process of pricing those tasty curds and whey.
Why are some cheeses dramatically more expensive than others?
Forget the difference between a Sudtirolean Bergkaese and a Berthot Epoisses -- that involves questions of tariffs and transportation and currency conversion. What about two cheeses that come from the exact same farm?
Photo courtesy of Michael Crichton