Walter Diemer accountant by trade, Diemer liked to experiment with gum recipes in his spare time. In doing so, he accidentally stumbled upon a unique recipe. The gum was pink because it was the only food coloring in the factory, which is the reason most bubble gum today is pink. Compared to standard chewing gum, the gum was less sticky, would not stick to the face, and yet stretched more easily. Diemer saw the possibilities, and using a salt water taffy wrapping machine, wrapped one hundred pieces of his creation to test market in a local mom-and-pop candy store. Priced at one
Pink tax companies at a disadvantage when operating overseas, but only in certain types of clothing. They maintained that those tariffs hurt the clothing industry. Product differentiation can account for a portion of the difference between prices of men's goods and women's goods. Products like the Radio Flyer scooter may cost more due to the cost of slightly changing the product. For example, a pink scooter may cost more than a red scooter because it is more expensive to paint a scooter pink than red- assumedly, such a large difference for this reason of production would be because the red scooters are