BUAD 641 Coffee Prices Soar at Online Auctions

Study of market fluctuations in online coffee auctions.

Benjamin Griffin
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BUAD 641 Coffee Prices Soar at Online Auctions

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Coffee Prices Soar at Online Actions 1 Coffee Prices Soar at Online Auctions Michelle Gordon BUAD 641 Professor Pigeon November 11,2014 Examine the factors affecting the global coffee market, including the demand for rare coffee beans, the impact of the drought in Brazil on supply, and the role of competition among coffee producers. Discuss how shifts in supply and demand influence the price of coffee, and evaluate the implications of increasing demand for specialty coffee in emerging markets. How do these market dynamics relate to economic principles such as elasticity and market equilibrium? Word Count Requirement: 1000 - 1200 words

Page 2

Coffee Prices Soar at Online Actions 1 Coffee Prices Soar at Online Auctions Michelle Gordon BUAD 641 Professor Pigeon November 11,2014 Examine the factors affecting the global coffee market, including the demand for rare coffee beans, the impact of the drought in Brazil on supply, and the role of competition among coffee producers. Discuss how shifts in supply and demand influence the price of coffee, and evaluate the implications of increasing demand for specialty coffee in emerging markets. How do these market dynamics relate to economic principles such as elasticity and market equilibrium? Word Count Requirement: 1000 - 1200 words

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