Price of Tea is Set to Rise due to Poor Weather

Price of Tea is Set to Rise due to Poor Weather

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significance of tea in the UK, highlighting its cultural importance and the large volume consumed daily. It explains how adverse weather conditions in Kenya have led to a significant increase in tea prices, affecting the cost of high-quality tea. The economic implications are explored, noting that manufacturers and shops may not absorb these costs, potentially leading to higher prices for consumers. The video also examines consumer behavior, suggesting that while people may not stop buying tea, they might opt for lower-quality options. Finally, it emphasizes the cultural addiction to tea in the UK and the need to consider the origins and fair pricing of tea.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons for the potential increase in tea prices in the UK?

Increased demand for coffee

Weather conditions in Africa

New tea flavors being introduced

Government taxes on tea

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have manufacturers traditionally dealt with extra costs in the tea trade?

By reducing the quality of tea

By absorbing the costs themselves

By importing tea from other countries

By increasing the price of coffee

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might consumers do in response to rising tea prices?

Start growing their own tea

Drink more coffee instead

Stop drinking tea altogether

Switch to lower quality tea

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is tea considered an important part of British culture?

It is a daily ritual for many

It is grown locally in the UK

It is a major export product

It is cheaper than coffee

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should consumers consider about the tea they purchase?

The origin and cost of production

The number of tea bags in a box

The brand's advertising campaign

The color of the packaging