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Why is the price of butter going up?

Geoff Riley

10th September 2017

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A great supply and demand mini case study to use as part of introductory micro teaching. A shortage of cream threatens a hefty hike in the price of butter.

More coverage of record high butter prices here. Is it good news for dairy farmers?

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.