Cheap Wine Vs. Expensive Wine. Which is better?

Cheap Wine Vs. Expensive Wine. Which is better?

Cheap Wine Vs. Expensive Wine By Jimmy Quaile, Certified Sommelier Wine is a commodity. In economics, a commodity is defined as an item produced to satisfy consumer’s wants or needs. So my short answer to explain why some wine is cheap and some expensive is supply and demand. There are, however, many costs that go into making that wine good enough to command the price no matter how high or low, the first being where the grapes are

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