Buko - nomics at bike routes

Real Cyclists

Laguna PHL     June 23, 2013

                                 Buko in Calauang:   P12.00 for large and P6.00 per small plastic cupful

We have heard about burger- nomics (prices and economy based on burger prices) or bottled water economics , or petronomics (where price of petroleum determines price and economic activity.

The prices of these products determine parity of value and exchange rate.
17 a pice even
Thus if you a Big Mac in US at $3 each, then it should be about P120 to 140 locally.  (that is burger eoconomics)

Bottled water economics.  A 500 ml bottled water cost P20.00 in the PHL but that would be at the same outlet (711) cost P40.00 in PHL currency.

What about buko - nomics?  The price of buko reflects the supply and demand situation in the market.  Thus in December, buko would cost P15 to P17.00 each because many of them are either exported or used in buko salad.  The price would also reflect the abundance of the  buko, or the ownership of buko.  tree.  Thus a coconut tree owner in Jalajala would sell his buko for only P10.00,  At OL, buko would be at P15,00 each.   In Bugarin it is at P12.00.  At Mabitac it is only P10.00

                                  The buko juice vendor could not keep up with the demand