The Supply and Demand of Turkey during the Thanksgiving Season
Most American families tend to serve turkey as the main dish around the Thanksgiving and Christmas seasons. This bird is a traditional symbol that represents family and togetherness. It is rare to celebrate the holidays without it as the main entrée. Besides, what is Thanksgiving Day without a Thanksgiving Turkey?
It is not very often that families create lavish meals throughout the year so the demand of turkeys will be lower in the months of January through October, than it would be in November or December.
The question here is. Why is it when the demand for turkeys increases, the prices then decrease? Does that not defy economics law of demand? The following are possibilities
Christmas like Thanksgiving believe it or not, do happen to share many traits. One major factor that the two own is the warmth and love of bringing family and close friends together. It’s the few times a year that everyone has a reason to all gather around to
Most people have the custom of buying a turkey for thanksgiving. “46 million turkeys are eaten each Thanksgiving” (Turkey for the Holidays). Traditionally, people eat an abundance of food resembling the pilgrims and how they had a feast based on their religion. Furthermore, there are many different varieties of food such as: turkey, mashed potatoes with gravy, green beans, cranberry sauce, and dinner rolls. For dessert there is pumpkin, apple, and pecan pie. Most of the time the food is extraordinary people just want more. They might even take some and have it again later on. Thanksgiving is a feast we are blessed to
It is a good tradition. They don’t know when it officially started but they have theories. One good theory is that President Lincoln was the first to pardon the turkey because it was his sons pet. It has been known to keep going on after that through president's Gorge H. W. Bush to recent presidents such as President Obama.
Thanksgiving is the time to come to enjoy each other's company and eat good. Most of the time families watch football together and catch up with each other. Thanksgiving means showing thanks and appreciation to the ones that have been so good and loyal to them. Show their loved ones they are appreciated and that you love them.
This year I did not had a traditional Thanksgiving, but tell you the truth it never is in my home. I am borne and grew up in a different country, even in a different continent, where we had a different history and our holidays are somewhat different as well, with view exceptions of New Year on January 1 and Christmas, only the date is different, January 12th. The funniest question I get from people around the holiday is, “What do you cook in your country on Thanksgiving?” – I have no idea, DAH!!!
So, after a few quarters and a lot of snacks we lay back and relax from that stuff in turkey. It is unbelievable how many snacks a “stuffed” person can eat even after a huge dinner. While watching a football game a full stomach does not register. As the afternoon slowly turns into night, we sink even further into our
At that point of my childhood, my family was unaware of American holidays and traditions since they barely settled in The United States. One of the holidays that were a major topic of discussion in American schools was Thanksgiving. When I was in elementary, teachers would make students draw turkeys, color turkeys, and play games that featured turkeys. I did not comprehend what Thanksgiving was truly about as a child, but I did know that it was “turkey day,” meaning that on Thanksgiving I was supposed to eat a turkey with my family just like the rest of my peers said they would.
With the rush of people coming in the door ready to eat. Starting to make the silence die. The wind starts to pick up with the refreshing november air blowing through. Some people pitch in to help set the plates and put the final touches on the food. While the turkey is being cut everyone knows the feast is about to begin. As everyone floods into the dining room with chairs and the dogs following preparing to have thanksgiving as well. Once everyone is there and all the food is set in the middle of the table we say our prayers and begin to eat.
Black Friday is a day when people shop. Thanksgiving is a day for being with family. I believe that these two shouldn’t mix. Some people say that they would lose customers to other stores. In reality, many stores don’t open on Thanksgiving, so you would not be losing anything to them. Also, workers need family time.
While this dish is very important piece of Thanksgiving lunch it is not the most important thing. This dish represents a much bigger event.. It is the one of the few times in the year where all of my dad’s side of the family gets together to spend time with each other. So pumpkin pie is very important to the Clark family because it brings us together during the month of November to see each other.
Acknowledging that food prices increase during this time period, we can determine and foresee that more people are not going to be able to afford to eat the mass amount or even a healthy amount this sole day of the year. The article, “Thanksgiving by the Numbers” by Derek Miller, dives into this idea and provides the data. Based off of the meal that consists of “...turkey and stuffing, rolls, sweet potatoes, green peas, fresh cranberries, carrots and celery and pumpkin pie with whipped cream.” For a family of 10, the cost for this Thanksgiving meal will be $50. Meaning that each family member will cost $5 to feed and be provided with an original Thanksgiving meal.
After Thanksgiving was declared at national day, turkey became a popular choice for a thanksgiving meal. Last year, over 46 million turkeys out of 243 million were consumed
How do you celebrate Thanksgiving rituals? Let me guess you have been doing it wrong all your life by eating turkey. Well this year that isn't gonna happen, you are going to do Thanksgiving right! Eat yo’ chicken. Every year millions of Americans gather around the table with their families and eat turkey. Don't be one of those families! Rise above them, and eat chicken this Thanksgiving. There are so many benefits to eating chicken instead of turkey, not only for the environment but for your sake as well and here are some reasons why, like health, and price.
Thanksgiving is a time to celebrate our joys with friends and family. Unfortunately, if you are the person designated to cooking the holiday dinner, the joys can turn into complete and total fear. I'll never forget the first time I made Thanksgiving dinner for twenty family members and friends. I waited until the last minute to start and the dinner ended in a complete disaster. In the years following that failure, I have learned that preparing a Thanksgiving dinner is easy...if you plan ahead.
Like the law of demand, the law of supply demonstrates the quantities that will be sold at a certain price. But unlike the law of demand, the supply relationship shows an upward slope. This means that the higher the price, the higher the quantity supplied. Producers supply more at a higher price because selling a higher quantity at a higher price increases revenue.