Will organic fruit, vegetables get cheaper soon?

Thursday, August 26, 2010 - 08:21 in Mathematics & Economics

Many grocery stores now carry at least some types of organic fruit and vegetables, thanks to the growing demand for these products that are viewed as more environmentally friendly and safer to eat than other produce. From 2005 to 2008, organic food sales in the United States went up 53 percent. Now, a new study led by professor Timothy Richards of the W. P. Carey School of Business at Arizona State University looks at why organic produce prices have been so high, why they`re finally starting to plunge, and whether a new safety risk is being introduced.

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