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A March 25, 2010, Article at SunSentinel

Question 48

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A March 25, 2010, article at SunSentinel.com reported, "Strawberry farmers in Florida are facing such a sharp collapse in prices for their berries that many are deciding to simply leave huge tracts of the berries to rot in the fields. . . . Wholesale prices that were $17 to $19 for a flat of eight containers have now fallen to $5 to $6 a flat." A March 25, 2010, article at SunSentinel.com reported, Strawberry farmers in Florida are facing such a sharp collapse in prices for their berries that many are deciding to simply leave huge tracts of the berries to rot in the fields. . . . Wholesale prices that were $17 to $19 for a flat of eight containers have now fallen to $5 to $6 a flat.

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a. Strawberry farmers are price takers; ...

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