In the News
Avocado prices reach record high
3rd May 2017
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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