Sunday, 27 November 2011

EWOT Goggles #12 "Thanksgiving Break" (11/27/11)

       Every family in America who can afford it celebrates Thanksgiving by buying a turkey. Is there ever a shortage in turkeys because of the high demand? What kind of price changes do turkey consumers experience at this time of year? What kind of market exists for turkeys on the days following Thanksgiving? There are still turkey sales after Thanksgiving but they're obviously reduced significantly. It always seems as if a family needs to get a turkey, they can somewhere. So the supply must be reasonably high during this time of year. I'm sure this happens with other products that experience mass purchases at one time during the year and hardly any at any other time (ex: Christmas trees, pumpkins, etc.).

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