Jeremy Truitt

An attempt to understand the world of current events, finance and the economy on a level that allows me to teach it. I'm a journalist. Oh and the occasional post about family, life and kids!

The $40 Box of Twinkies…I’ll Take Three!! What. The. Eff.

Do an eBay search for “Twinkies,” or “Hostess,” or “Ding Dongs” and you will be sufficiently shocked. SHOCKED I say!

Why didn’t I think of this?! I could have bought like 50 boxes and made some good money!!

There’s an interesting thing here though, on a serious note…This is simple supply and demand. The law of supply and demand states that the price of a good in a competitive market will settle at “equilibrium” based on the available demand for that product.

Before Hostess made the announcement they were going out of business they sold Twinkies for a couple bucks a box. Now that supply has completely stopped, the equilibrium price of said good has skyrocketed.

Guess we should have made a Twinkie investment!

At either rate, the assets will get scooped up by Sara Lee or someone else and they’ll be back in equilibrium of a couple bucks a box pretty soon :)

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This entry was posted on November 17, 2012 by in Business, Cooking, Food, News, Personal and tagged , , , , , .
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