Study of market fluctuations in online coffee auctions.
Benjamin Griffin
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Coffee Prices Soar at Online Actions1Coffee Prices Soar at Online AuctionsMichelle GordonBUAD 641Professor PigeonNovember 11,2014Examine the factors affecting the global coffee market, including the demand for rare coffeebeans, the impact of the drought in Brazil on supply, andthe role of competition among coffeeproducers. Discuss how shifts in supply and demand influence the price of coffee, and evaluatethe implications of increasing demand for specialty coffee in emerging markets. How do thesemarket dynamics relate to economic principles such as elasticity and market equilibrium?Word Count Requirement: 1000-1200 words
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