Supply And Demand
Changes in Supply and Demand affecting Wal-Mart Organic products
The article that I chose to discuss regarding supply and demand refers to Wal-Mart Stores Inc selling organic food in their stores. Because consumers and our health crazed society have demanded such a product, they have left an impact that will not only benefit themselves but Wal-Marts profits as well.
By Wal-Mart supplying organic foods to their customers at the "Wal-Mart" price, keeps suppliers and competitors on their toes. According to the article by the associated press, "Wal-Mart Organics could shake up retail," Alice Peterson, president of the Chicago-based consultancy Syrus Global says, "Organic products are one lure for the more affluent shoppers Wal-Mart is trying to woo away from rivals like Target Corp." Customers who want to eat organic foods but simply did not have the means Wal-Mart could make a real difference if the retailer brings a critical mass of organic products to market and pushes......
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Approximate Word Count: 641
Approximate Pages: 3 (250 words per double-spaced page)
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