>>The demand for it is going up, but the price is going down?<<
As usual, the writers of the article don’t know even Econ 101. If there is “demand” but “not at the price” then that isn’t “demand.” It is “quantity demanded.”
Any child of 12 should know the difference (although, sadly few do). Any college grad and every politician should also know 9and sadly, few do).
yep. demand by itself is what people are actually buying. which actually has apparently gone down, because the price was so high.
What I dont get, is why he has to sell it as conventional coffee..? why not just cut the price by $.25 or so and sell it as slightly cheaper organic coffee? Or does Guatemala have a fixed price floor on organic coffee?