Questions:
1. Have much to lobstermen make?
2. What are the process that lobster needs to go through before it goes to consumer?
3. Why the price of the lobster is more expensive than the price sold by lobsterman?
4.Does the price of gas affect the price of lobster?
In order to understand the economic of lobster, we need to know the supply chain of lobster. After the lobster being captured, lobstermen will sell the lobster to the dealer by $2/pound which is muh lower than the price we buy in the restaurant. S, depends on much much lobsters they can catch, the lobstermen's wages change.
Before the lobster goes to the consumer's hand, it has to go through dealers, processors, retail or restaurants. There are costs between each process and those process need labors, therefore, the price of the lobster is much higher for consumer than the price sold by lobstermen. Now, lobstermen are willing to sell lobsters direct to the consumer, thus both the lobstermen and the consumer can benefit from it.
From catching lobsters to sell lobsters to consumers, there are a long process. There is impossible for one place to complete all those works, thus has to be transport. However, during transportation it requires gasoline and almost the ship requires gasoline to catch lobsters. The amount of gasoline costs in those processes are huge, therefore, the price of the gasoline rise will directly affect the price of lobster.
No comments:
Post a Comment