Would you give your sweetheart plastic roses on Valentine’s Day? So, why do so many people buy fake Christmas trees? Via Zachary Crockett’s excellent essay on “The economics of Christmas trees,” which was published in The Hustle on Dec. 5, 2020 (link in the original): “Today, 81% of the 96m Christmas trees Americans display each year are artificial. Only 19% are real. While roughly the same number of real (26m) and fake (25m) trees were sold last year, the cumulative purchasing of fake trees has encroached on real trees’ market share.” Am I right or wrong?
prior probability 