Friday 18 April 2008

The rising price of bread


The price of bread is the highest it has ever been. It's all down to the rising cost of wheat, which has doubled in the past year alone. What is going on? A good analysis of the complex pressures across the world that are affecting the bread market.


Do you think prices are likely to go higher? How could consumers respond? How price elastic is the demand for bread? What type of good is bread?

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