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Northern Region's Prices: A Case Study

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Based on my map and the researched information, I noticed that the Northern Region had much higher prices than the rest of Canada. When in comparison with the other regions, the prices in the Northern Region were more than twice as those in the other regions. I also noticed that the average prices in the Urban Heartland were the lowest at about $2.99. The order of the least average price to the most is as follows: Urban Heartland ($2.99), Atlantic ($3.56),Central ($3.73), Pacific ($4.10), Prairie ($4.10), and Northern ($8.09).

I believe the reason that Northern Canada's prices are so high is because of all the additional expenses. For example, transportation, store maintenance, and the minimum wage of workers contribute to the overall cost of the food. When …show more content…
For example, the regions that are more Southern have cheaper prices such as Urban Heartland and Atlantic. But in the territorial areas, the prices are much higher. I believe that this is because of all the additional expenses needed to transport the goods and also the maintenance cost to keep the store running. Another explanation for these patterns and trends is "Economies of Scale". Economies of scale states that the larger the quantity, the cheaper it is. Since there is such a large quantity of this product in stores because the population is so high, the prices are much lower.

Some shortcomings of this analysis were that some of the stores that were called did not have the product or only had a different size. Also, there were not many stores in the Territories. If I had more information, I would further research the Northern Region so that my information would be more accurate. If I had more time, I would have research the prices on the US side of the border. This would allow me to see the price change by the border of Canada and the USA. A larger sample would make my data more

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