economics project on demand and supply of fresh vegetables
DESCRIPTION
Study of Demand and supply of fresh vegetablesTRANSCRIPT
SUPPLY OF FRESH VEGETABLES
STUDY PURPOSE
PRIMARY DATASUPPLY & DEMAND
WHY TO STUDY SECONDARY DATA
WHAT TO STUDY
Study Study PurpoPurpo
sese
What we are Studying
What we are studying
Supply chain in the vegetable market
Factors affecting supply of vegetables
Volume of vegetables sold by the seller
Study Study PurpoPurpo
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Why we are Studying
Why we are studying
The market for fresh vegetables is a short term market
Very high demand for fresh vegetables, so the quantity supplied is very soon
consumed by the people
Why we are studying
The nature of product - Vegetables being perishable in nature cannot be stored for a long time. Therefore, there has to be a constant supply of vegetables to meet its demand
ConceConcepts pts
UsedUsed
Concepts used in Presentation
Law of supply
Other things remaining same, more of a commodity is supplied at a higher price & less of it is supplied at a lower price.
Movement along supply curve
ncrease in price causes an increase in quantity
Change in quantity supplied due to change in its own price
Movement along supply curve
Quantity
Price
P0
Q0
P1
Q1
Increase in Price
causes increase in
quantity supplied
Movement along supply curve
Quantity
Price
P0
Q0
P1
Q1
Decrease in Price
causes decrease in
quantity supplied
MethoMethodologydology
Methodology used in Presentation
Vegetable types
Regular demand - Onions, Potatoes, Tomato, Green Chillies
Seasonal demand - Brinjal, Cauliflower, Bitter gourd
Data collection
Primary data
We went to Noida’s local vegetable market and then talked to 8-10 sellers to collect data and ask question related to price, supply of these vegetables, factors affecting their price.
Data collection
Secondary data
Data was also collected from internet, and was used to analyze and calculate various statistics of vegetable supply and demand.
We have also taken information and concepts from our course.
Key findings
In vegetable production, India is next only to China with an annual production of 87.53 million ton from 5.86 million hectares having a share of 14.4% to the world production. But there is most of unorganized market. These market are mostly supply driven
Findings..(contd.)
Factors affecting supply of vegetables..
Other factors..
Learning outcomes..
References...
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