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Supply and demand in action – copper thieves

Jim Riley

17th February 2011

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The price of copper has soared lately due to an increase in demand, mainly from China. This has had some interesting consequences with thieves showing their financial acumen as they steal as much as they can from railways and electricity networks. This will only increase the demand further as firms have to replace stolen copper wiring. Can your students draw a supply and demand diagram to show this?

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

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