Egg Labels & Marketing.

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Presentation transcript:

Egg Labels & Marketing

Which carton of eggs has more nutrient value? Neither, they are equal A B C

Which carton of eggs would likely cost more? B

Which carton of eggs would YOU choose? $2.05 $1.69 A B Why?

Which carton of eggs would likely cost more? B

Which carton of eggs would YOU choose? $1.69 $3.99 A B Why?

Which carton of eggs would likely cost more? B

Which carton of eggs would YOU choose? $3.99 $2.05 A B Why?

Which carton of eggs would likely cost more? B

Which carton of eggs would YOU choose? $1.69 $3.49 A B Why?

1 dozen white-shelled eggs Graph a Demand Curve 1 dozen white-shelled eggs $3.00 $2.75 $2.50 Price for 1 dozen eggs $2.25 $2.00 $1.75 $1.50 $1.25 5 10 15 20 25 30 35 40 Number of consumers (students) willing to pay

1 dozen white-shelled eggs Supply Curve 1 dozen white-shelled eggs $2.75 $2.50 $2.25 Price for 1 dozen eggs $2.00 $1.75 $1.50 $1.25 $1.00 12 24 36 48 60 72 84 100 Number (%) of producers willing to sell

1 dozen brown-shelled, free-range eggs Graph a Demand Curve 1 dozen brown-shelled, free-range eggs $4.25 $4.00 $3.75 Price for 1 dozen eggs $3.50 $3.25 $3.00 $2.75 $2.50 5 10 15 20 25 30 35 40 Number of consumers (students) willing to pay

1 dozen brown-shelled, free-range eggs Supply Curve 1 dozen brown-shelled, free-range eggs $4.25 $4.00 $3.75 Price for 1 dozen eggs $3.50 $3.25 $3.00 $2.75 $2.50 12 24 36 48 60 72 84 100 Number (%) of producers willing to sell