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It's about 2 bunches of Bananas (4) 4. https://fred.stlouisfed.org/series/APU0000711211 https://fred.stlouisfed.org/series/APU0000711211
by non-chalad 3y ago
It's about 2 bunches of Bananas (4)
4. https://fred.stlouisfed.org/series/APU0000711211 https://fred.stlouisfed.org/series/APU0000711211
- Fnoord 3y agoHa! We buy bananas every week, my daughter and I love them. 2 bunches of bananas cost 3,10 EUR [1] 2 bunches of organic, fairtrade bananas cost 4,38 EUR [2] Since AFAIK there is one genus I just buy the regular ones. Since we eat one bunch of bananas a week, it is about 6,4 weeks of bananas. My bananas come from South-America. They have to travel further than the ones going to North-America. So they should be cheaper at your place (US?). Then again, you pay nothing for gas, so it evens out :P [1] https://www.ah.nl/producten/product/wi197393/ah-bananen-tros https://www.ah.nl/producten/product/wi197393/ah-bananen-tros [2] https://www.ah.nl/producten/product/wi368480/ah-biologisch-fairtrade-bananen https://www.ah.nl/producten/product/wi368480/ah-biologisch-f...
- OJFord 3y ago> Since AFAIK there is one genus I just buy the regular ones. That's correct, but neither 'organic' nor 'fairtrade' means that it would be a different (better) variety. Organic = not sprayed with chemicals for pest control for example; fairtrade = farm hands not paid exploitative rates (paid more). (Not that I'm preaching you should care about either more, I'm a fairly price-driven shopper.)
- OJFord 3y agoIn fact ceteris paribus in general you could argue you might expect that organic variety to be worse for taste, since pest/disease resistance has played a larger role in its selection. I'm not sure that actually works in practice though, because ceteris never is paribus, it commands a premium, it's a somehow more discerning shopper perhaps/on average, so it's more worth choosing a nice tasting/attractive variety vs. the regular one selected for yield.