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The Price is Right!

The Price is Right!. Which factors would you consider when purchasing this item?. Seasonality: If apples are not in season, it is probably cheaper to purchase a fruit that is in season.

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The Price is Right!

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  1. The Price is Right!

  2. Which factors would you consider when purchasing this item? Seasonality: If apples are not in season, it is probably cheaper to purchase a fruit that is in season. Unit price: Apples are usually sold per pound. Some types are cheaper than others. Apples are also sometimes sold in bags. I recently purchased a 3 lb. bag of apples $1.99, when the same type were also being sold for $1.99 per pound if purchased loose. Image retrieved from: www.earthtimes.org

  3. Which factors would you consider when purchasing this item? Seasonality: It may be cheaper to purchase fresh corn it it is in season. Product form: You can also buy corn frozen, or fresh. Depending on sales it may be cheaper to buy it in another form. Unit price: A different brand or size may be cheaper per ounce. Also, frozen or fresh corn may have a lower unit price. Generic vs. brand name: A generic brand will likely cost less. Nutrition: Canned corn is probably loaded in salt. Look for labels that say “No Salt Added” or remember to rinse the corn. Image retrieved from: www.istockphoto.com

  4. Which factors would you consider when purchasing this item? Seasonality: It may be cheaper to purchase fresh vegetables if they are in season. Product form: You can also buy vegetables frozen, or fresh. Depending on sales it may be cheaper to buy it in another form. Unit price: A different brand or size may be cheaper per ounce. Also, fresh or canned vegetables may have a lower unit price. Generic vs. brand name: A generic brand will likely cost less. Nutrition: Frozen vegetables may have sauces that increase the salt, sugar and sodium content. Look for ones with no sauce. Image retrieved from: www.thenibble.com

  5. Which factors would you consider when purchasing this item? Product form: Meats can be purchased fresh, frozen and sometimes canned. Depending on your recipe you may be able to purchase it in a different, cheaper form without compromising the quality of your meal. Unit price: Meats are often packaged according to weight and priced by pound. You may find cheaper prices per pound at the butcher counter. Image retrieved from: www.todayifoundit.com

  6. Which factors would you consider when purchasing this item? Generic vs. name brand: A generic brand will likely cost less. Unit price: Cereals are usually priced per ounce. Some sizes and brands will be cheaper per ounce than others. Nutrition: Cereals are often full of sugar and salt. Look for cereals that are higher in fiber and lower in sugar and salt. Image received from: www.ftc.gov

  7. Any Questions?

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