4-min read If you missed last week, go back here. Now that you understand market prices for almonds are set by handlers*, and almond sales have been waning, my response to why almond retails are still high is because of price elasticity of demand. Almond purchases are inelastic to price.
Making sense of almond retail prices
Making sense of almond retail prices
Making sense of almond retail prices
4-min read If you missed last week, go back here. Now that you understand market prices for almonds are set by handlers*, and almond sales have been waning, my response to why almond retails are still high is because of price elasticity of demand. Almond purchases are inelastic to price.