Title: Describe market fluctuations and their effects on product cost.
Course: Culinary Arts I (16052-I) > Section: Exploring the Purchasing and Receiving of Goods

Description should include the ways that supply and demand affect product availability and cost.

Process/Skill Questions:

Thinking

- What causes market fluctuations?
- How does supply and demand affect ingredient price?
- How can the weather and other natural occurrences affect product cost?
- How do seasons affect product cost?

Communication

- What is the concept of supply and demand?

Leadership

- How can food establishments counter the effects of market fluctuations in menu planning?

Management

- What management techniques can be used to address the effects of market fluctuations on product cost?
- How can health issues related to the food supply affect product cost?
- How can national dietary trends affect product cost?