Title: Planet Money: Quebec's Maple Syrup Stockpile (Audio Q&A)
Course: Alabama Economics Sample Syllabus > Section: Unit 6: Specialization & The Circular Flow

Description: A basic rule of economics is that the price of products increases when demand exceeds supply, and the price decreases when supply exceeds demand. But producers can tinker with that formula. If they want to get around the supply-and-demand cycle, they can stockpile supplies and decide how much of a product to make available for consumers. Listen to find out how maple syrup producers in Quebec, Canada, keep prices high for this prized commodity.

Estimated Completion Time: 10 minutes