Friday, April 18, 2014

Update on the price of limes. Quantity Supplied is still less than Quantity Demanded---only more so now...

Visited my local Kroger (burbs North of Columbus, Ohio) to do some shopping and checked in on the price of Limes---$1.49 each today (April, 18th, 2014). On April 1st they were $.99 each. That is a 51% increase in the span of less than 3 weeks.
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April 18th, 2014

Weather and gang activity are to blame. Bet those two variables are not put together very often to describe the price of produce.

This was the price on 4/1/2014:
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