tutor2u GCSE Economics Blog

Tracker Pixel for Entry

New Zealand - big rugby players…small kiwi fruit / supply and demand in action

Tuesday, November 09, 2010
Print Tweet This!Save to Favorites
Recommend on Google+

New Zealand may be looking invincible in the rugby right now but the same can’t be said for their current kiwi crop. The bacteria Pseudomonas syringae pv actinidiae (PSA), which limits growth has been discovered in some fruits, threatening an industry worth £0.5 billion a year to the country. Using a supply and demand diagram, explain how this could affect the price of kiwi’s. Click here for a video on the Sky website

image


blog comments powered by Disqus


Tags

activity, advertising, affordability, alistair darling, anti-competitive behaviour, anti-dumping, apple, appreciation, aqa gcse economics, articles, asia, balance of payments, balance of trade, bank of england, banks, basic economic problem, basket of goods, beat the teacher, benefits, bidet, birthrate, borrowing, budget, budget deficit, budget surplus, business growth, business objectives, capacity, capital, car industry, car manufacturing, cash cow, china, chocolate, christmas trees, class task, cocoa, competition, competition commission, competition in action, competitive markets, complements, conditions of supply, confidence, congestion, conspicuous consumption, construction, consumer confidence, consumer spending, consumers, cost of living, costs, costs of production, costs, revenues and profits, cpi, credit crunch, cross price elasticity of demand, currency, data, data response, debt, deficit, delicious data, demand, demand and supply, demand and supply in action, demand for labour, demerit good, demerit goods, depreciation, derived demand, diagram, diagrams, diseconomies of scale, dollar, double dip, double-dip, downturn, easyjet, economic growth, economic gw, economic policies, economics, economies of scale, economy, elasticity, elasticity of supply, employment, end of term activity, enterprise, eu, euro, eurozone, exam advice, exam help, exam practice, exam style questions, exam technique, excess demand, exchange rate,
All tags for the GCSE Economics Blog
Blog RSS feed Blog RSS Feed

Latest entries

Categories