tutor2u GCSE Economics Blog

Tracker Pixel for Entry

The return of the old-fashioned desserts.

Saturday, June 06, 2009
Print Tweet This!Save to Favorites
Recommend on Google+

As the recession bites, consumers are having to cut back on their weekly shopping bills. Consumers are still keen though to buy comfort food.


I had to write about the arctic roll making a come back with British consumers, I remember it vividly from my childhood, along with Viennetta! Well apparently these frozen treats are making a comeback. Click here to read the article.
In economic terms the arctic roll could be said to be an inferior good, as income has fallen demand for these goods have risen.


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