9 Frigid Winter is Bad News for Tomato Lovers An unusually cold January destroyed entire fields of...

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9 Frigid Winter is Bad News for Tomato Lovers An unusually cold January destroyed entire fields of tomatoes and forced many farmers to delay their harvest. Growers are shipping only a quarter of their usual 5 million kilograms a week. The price has risen from $6.50 for a 25-pound box a year ago to $30 now.

Source: USA Today, 3 March 2010 a Make a graph to illustrate the market for tomatoes and on your graph show how the events in the news clip influence the market for tomatoes.

b Why is the news ‘bad for tomato lovers’?

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Related Book For  book-img-for-question

Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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