economics project on demand and supply of fresh vegetables

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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