Monday, February 16, 2009

Unit 1: Food: Normal, inferior and superior goods

A nice clip from the BBC explaining food changes

http://news.bbc.co.uk/1/hi/world/americas/7885312.stm

Another from Ch4 (and BBC articles) explaining the expansion of KFC/Domino pizza in the UK in the recession

http://link.brightcove.com/services/link/bcpid1184614595/bctid13040103001 Ch4
http://news.bbc.co.uk/1/hi/business/7892240.stm KFC article
http://news.bbc.co.uk/1/hi/business/7894033.stm Domino pizza

a) Making sure you clearly explain your reasoning, to what extent can you catagorise any of the foods as
(i) Normal goods
(ii) Inferior goods
(iii) Superior goods

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