In the News

Avocado prices reach record high

3rd May 2017

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There's a major price shock on the way: the price of avocado is going to surge, as a result of increased demand and supply issue in the major exporters. This simple application of D&S means that, inevitably prices will rise.

Start saving. Your smashed avocado on toast is about to get even more expensive https://t.co/ScXINV2H8t
— TIME (@TIME) May 2, 2017

Avocado prices set to soar amid increasing demand and poor harvest https://t.co/RDt6qXeYnV pic.twitter.com/PUEcqVHBv9
— Standard News (@standardnews) May 2, 2017

But as economists, you already knew that, as well as the responses of economic agents to these changing market conditions.

First, hummus, now avocado. Is nothing scared?

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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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Avocado prices reach record high

Graham Watson

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