US High School Economics class: US beef prices extend surge as ranchers face thinnest herds in 70 years
Supply and Demand
This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here.
Read our full range of US High School economics picks here.
Specification:
Supply and Demand
Click to read the article below and then answer the questions:
US beef prices extend surge as ranchers face thinnest herds in 70 years
Use a supply and demand graph to explain what is happening to the price of beef
How have consumers responded to the price change in beef? Use a supply and demand graph to show the market for chicken and explain what change has taken place
How does summer impact the market for beef?
Ariel Slonim at MRU’s Econ in the News
Comments