Showing posts with label Cross-price ED. Show all posts
Showing posts with label Cross-price ED. Show all posts

Wednesday, 31 October 2012

So what happens next?


There have been several posts on demand and supply and changes to the market. Below is a link to an article in The Guardian about the effects of the recent weather on honey production.

What side of the market is affected?
What will happen in the market for honey?
How will the market for jam and marmalade be affected by changes in the honey market?
Upon what will the extent of the changes in these markets depend?

Good one for IB micro internal assessment!