going on the two markets during the period 1934 to 1960 showed this 

 to be true.-i 



This result agrees with the logic of economic theory. The demand for 

 a perishable product, such as fresh apples, can be expectd to be less 

 sensitive to price changes in the short-run than the demand for a stor- 

 able commodity such as canned apples. A large crop, therefore, cannot 

 be moved through fresh-use channels at reasonable prices. Processors, 

 however, generally have a more elastic demand relative to prices due 

 to the fact that the end product is more storable. As a big crop depresses 

 the price structure, processors move in and take over large quantities 



CHART 4 



Percentage of Total Pack of Canned Apples, Applesauce Produced 

 in Various Areas, United States, 1960 and 1961 



Washington 



Oregon^ 



Idaho, 



Total: 100% = 28,139,848 (24/21/2 basis) cases. 



Source: Division of Statistics, A^ationaZ Cfmner's Association Reports, Washington, 

 D. C . 



-1 The F — test indicated the difference in the variances was significant at the 95 

 percent level of probability, 



30 



