Price of fried breakfast set to rise

Price of fried breakfast set to rise

Assessment

Interactive Video

Information Technology (IT), Architecture, Business

University

Hard

Created by

Quizizz Content

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The video discusses the rising prices of commodities, particularly those affecting breakfast foods, due to factors like weather, disease, and increased global demand. It highlights specific examples such as wheat, coffee, and pork, and explains how global competition, especially from Russia and China, contributes to price stability challenges. Despite these issues, local cafes continue to serve, albeit at higher costs.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some factors that contribute to the rising costs of commodities like meat and vegetables?

Technological advancements

Weather and climate conditions

Increased government subsidies

Decreased consumer demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a reason for the fluctuation of commodity prices?

Stable energy prices

Drought

Disease

Rising demand

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why have breakfast foods become more expensive?

Due to a decrease in global demand

Because of increased energy prices

As a result of technological advancements

Owing to government regulations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What caused the spike in wheat prices in 2010?

A surplus in global production

Drought and political uncertainties in Russia

Technological advancements in agriculture

A decrease in consumer demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have Russia and China influenced the prices of dairy and milk products?

By reducing their consumption

By increasing their demand

By implementing new trade policies

By subsidizing local producers