https://whystudyeconomics.ac.uk/blog/2008/04/the-effects-and-causes-of-rising-food-prices/ Sun, 12 Oct 2014 13:27:55 +0000 hourly 1 https://wordpress.org/?v=6.9.1 https://whystudyeconomics.ac.uk/blog/2008/04/the-effects-and-causes-of-rising-food-prices/comment-page-1/#comment-15318 Sun, 12 Oct 2014 13:27:55 +0000 http://whystudyeconomics.ac.uk/blog/?p=81#comment-15318 Yes strikes can certainly be a reason for food prices rising. The reason for this is when workers strike for higher salaries there is a decrease in productivity this forces employers to raise the salaries, workers need to work overtime to make up for lost time or employers need to train new employees to do the job, either way there will be extra cost and these costs lead to an increase in food prices to fund the extra costs.

]]> https://whystudyeconomics.ac.uk/blog/2008/04/the-effects-and-causes-of-rising-food-prices/comment-page-1/#comment-15316 Sun, 12 Oct 2014 13:17:37 +0000 http://whystudyeconomics.ac.uk/blog/?p=81#comment-15316 Can strikes be a possible reason for the rise in food prices? If so, why do strikes lead to higher food prices?

]]> https://whystudyeconomics.ac.uk/blog/2008/04/the-effects-and-causes-of-rising-food-prices/comment-page-1/#comment-15191 Fri, 10 Oct 2014 08:28:50 +0000 http://whystudyeconomics.ac.uk/blog/?p=81#comment-15191 A very insightful peace of writing on possible causes and effects of rising food prices and their effects.However questions may be posed on wether government taxes imposed on goods to control rising inflation have any effect on food prices in a short run.Yes we know in a long run prices are calmed down to normal.Furthermore,what economics approach can be used to answer such deviations?.Going back to the blog,relevant information has been provided to meet the topic.Good work!

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