Why is fruit/vegetables so cheap despite the time and resources needed to produce them?
In: Economics
As someone who lives in one of the most expensive cities in the world (NYC) and yet routinely buys perfect apples, strawberries and blueberries for $1 a pound or less in my neighborhood market (and if I wanted bananas for 39 cents a pound and seedless grapes for .99 a pound and…) I too have wondered about the economics of this.
Noting that the berries are not always this cheap, but when they are in season, we will buy 10-20 pounds at a time and freeze them. Blueberries have been (3) 6oz containers for a dollar for the past 2 weeks. Strawberries tend to peak at 50 cents a pound in the early summer.
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