Why Are Alaskan King Crabs Not Sold In Alaska
Alaska is known as the country-s last frontier. However, there are still many mysteries regarding this outdoor paradise. For example, why aren-t Alaskan King Crabs not sold in Alaska, is one question that can raise an eyebrow or two. Fortunately, the answer to that question lies in economics. Let-s see if we can solve at least one Alaskan mystery. The Alaskan king crab is an Alaskan product that is harvested and distributed throughout the world for sales. The reason it is not commercially sold in Alaska has to do with supply and demand. Since this animal is native to Alaska, the local inhabitants do not consider this particular food source a delicacy. The supply is high and the demand for Alaskan king crab in Alaska is low. It does not make sense from an economic standpoint to sell a product that is expensive to harvest to a population that will not pay much for the food source. Conversely, demand outside of Alaska is high for the delicacy and the supply is low. Therefore, it only makes sense to sell the product to a market willing to pay a high price. Hopefully, this solves at least one Alaskan mystery for everyone.