Eclipse Lesson

Supply and Demand

How might the supply and demand for hotel rooms change in Rochester and other areas along the path of totality as the eclipse approaches, and what effect will this have on prices?

Scarcity

Considering the principle of scarcity, how do limited-time promotions like Krispy Kreme's "Total Solar Eclipse Doughnut" and Sonic Drive-In's "Blackout Slush Float" influence consumer behavior and sales during the total solar eclipse event?

What is the opportunity cost of a restaurant changing their menu and hosting a special "eclipse-themed: event?

How do economic freedom and property rights enable businesses and entrepreneurs to innovate and adapt their offerings to capitalize on the eclipse?