Question
Nutella 'riots' spread across French supermarkets A discount on Nutella has led to violent scenes in a chain of French supermarkets, as shoppers jostled to
Nutella 'riots' spread across French
supermarkets
A discount on Nutella has led to violent scenes in a chain of French
supermarkets, as shoppers jostled to grab a bargain on the sweet spread.
Intermarch supermarkets offered a 70% discount on Nutella, bringing the price down
from 4.50 (3.90) to 1.40.
But police were called when people began fighting and pushing one another.
"They are like animals. A woman had her hair pulled, an elderly lady took a box on her
head, another had a bloody hand," one customer told French media.
A member of staff at one Intermarch shop in central France told the regional
newspaper Le Progrs: "We were trying to get in between the customers but they were
pushing us."
All of its stock was snapped up within 15 minutes and one customer
was given a black eye, the report adds.
Similar scenes have been reported across France, with some being described as "riots".
The hunt for discounted jars continued on Friday, with shoppers in a supermarket near
Toulouse being handed just one each.
Question 1. Explain clearly what this tells us about the elasticity of the product.
Question 2. Sketch a supply demand curve to explain what happened.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started