Student name PEANUT PRODUCT RECALLS. Key Points For Demand  Industry fears impact on sales of unaffected foods.  Consumers may tire of checking recall.

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Presentation transcript:

Student name PEANUT PRODUCT RECALLS

Key Points For Demand  Industry fears impact on sales of unaffected foods.  Consumers may tire of checking recall lists and begin shunning anything with peanuts. Past scares show this to be true.

Result on Demand The result is a decrease in the aggregate demand due to the decrease in the demand for peanuts and all peanut products.

Change in Aggregate Market

Schmit, J. (2009, February 1). Peanut product recalls spread fast. USA Today ARTICLE REFERENCE