Economics @ ITT

McDonalds Testing Mighty Wings In Chicago

Posted in economics, microeconomics by ittecon on January 7, 2013

An example of supply meets demand.

Prices for chicken wings have been climbing over the past year, reflecting an increase in the number of restaurants serving them, said David Harvey, an agriculture economist who specializes in poultry and eggs at the U.S. Department of Agriculture. In December, the cost of wings in the wholesale market in the Northeast was 26 percent higher than a year ago. Wings sold for $1.90 a pound that month, compared with $1.30 a pound for boneless, skinless chicken breasts.

via McDonalds Testing Mighty Wings In Chicago.


One Response

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  1. ittecon said, on January 17, 2013 at 12:41 pm

    Had some of these just yesterday. Nothing to write home about. Fried chicken with flavoured dipping sauces.

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