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Why would Ethiopian farmers sell for so little if they could sell for more?
by jsprogrammer 10y ago
Why would Ethiopian farmers sell for so little if they could sell for more?
- gherkin0 10y agoSome possibilities: * They don't know that their beans can actually sell for so much * They don't know how to sell their beans for higher prices (e.g. they don't have access to the right middlemen) * They aren't coordinated enough and undercut each other when dealing with the middlemen. * Starbuck's premium prices may have little to do with the beans themselves
- jsprogrammer 10y agoNone of those would necessarily indicate that the farmers are acting irrationally in the previously described exchanges.