Question
I need help answering this homework question. I do not understand what could be related to this that is not demand. Greek Olive Oil prices
I need help answering this homework question. I do not understand what could be related to this that is not demand.
Greek Olive Oil prices rise "Greece has benefited that Italy cannot cover its needs", said Greek Agriculture Minister Stavros Arachovitis. Developments in Italy have pushed the price of olive oil upwards. Already in some areas, such as Lakonia (Greece), the price of extra virgin olive oil has exceeded 3.6 to 3.65 euros per litre, he said. (Greek City Times, March 08, 2019)
Come up with one reason why Italy cannot cover its olive oil needs. Make sure the reason is not related to a change in demand.
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