- Does the article describe a shortage or surplus of coffee?
- Was coffee scarce before the drought and port delays?
- In what sense is demand "insatiable"?
Edward Millner's blog. It contains links to articles for students taking Principles of Microeconomics and Managerial Economics. It also contains links to articles about politics. The opinions here are mine. No one at VCU reviews or approves what I post.
Monday, July 12, 2021
Coffee Prices Soar After Bad Harvests and Insatiable Demand
Drought in Brazil and port delays in other countries lead the USDA to expect "consumption ... to exceed production this year for the first time since 2017". (WSJ, July 2021)
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