Supply, Demand, and Tortillas Paper

Supply, Demand, and Tortillas Paper - Demetrio Reed...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Demetrio Reed Professor Johnson ECON 101 2 February 2017 The article “Supply, Demand, and Tortillas” discusses the topic of tortillas having a significant price hike and how this has affected the Mexican consumers in a negative way. Despite other goods experiencing price increases as well, tortillas have become the main item that has drawn ev eryone’s attention and has led to several protests taking place . These protests have taken place, because tortillas are a staple food item for many people in the Mexican population. As he standard of living gap between the rich and the poor widens, the issue has yet to be resolved by the government and the future for the price of tortillas is still left in question. After reading the article, I was initially curious to know why the price of corn increased in the first place given that the country harvests a high amount of corn. I found it also quite interesting that given this high volume of corn Mexico produces, the country chooses to import this same good from the U.S instead.
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern