In the News

Bananas and Strawberries - Demand and Supply in Action

Graham Watson

27th February 2017

Two tidy demand and supply stories here - one on rising sales of Fair-trade bananas and the second on the early appearance of the UK strawberry crop.

Bananas

Fairtrade sales are up, as consumers appear to have fallen back in love with ethical consumption. However, might there also be a simple YED angle to all of this too? Read the article here

Strawberries

Another fruit-related D&S story: new methods of production mean that British grown strawberries are going on sale this week, two months before the season traditionally starts.

And, of course, increases in supply mean? I wouldn't be too sure: it's likely to be the case that costs of production are likely to be higher too. Read the article here

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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