Tuesday, June 7, 2011

The Law of Supply and Demand

My favourite food is mashed potato and butter - so when our local supermarket announced it was selling potatoes for 100fils (16p) a kilo - for one day only - hurry hurry - I engaged my sharp elbows and sales shopping skills in the rugby scrum round the potatoes. On the way to the checkout I chucked into my basket a pound of salted butter. To discover the supermarket had cleverly predicted a run on the butter today and had shamelessly doubled its price.

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