Economics project on demand and supply of fresh vegetables

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Study of Demand and supply of fresh vegetables

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Economics project on demand and supply of fresh vegetables

  1. 1. SUPPLY OF FRESH VEGETABLES
  2. 2. <ul><li>STUDY PURPOSE </li></ul><ul><li>PRIMARY DATA </li></ul><ul><li>SUPPLY & DEMAND </li></ul><ul><li>WHY TO STUDY </li></ul><ul><li>SECONDARY DATA </li></ul><ul><li>WHAT TO STUDY </li></ul>
  3. 3. What we are Studying Study Purpose
  4. 4. <ul><li>Supply chain in the vegetable market </li></ul><ul><li>Factors affecting supply of vegetables </li></ul><ul><li>Volume of vegetables sold by the seller </li></ul>What we are studying
  5. 5. Why we are Studying Study Purpose
  6. 6. <ul><li>The market for fresh vegetables is a short term market </li></ul><ul><li>Very high demand for fresh vegetables, so the quantity supplied is very soon consumed by the people </li></ul>Why we are studying
  7. 7. <ul><li>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 </li></ul>Why we are studying
  8. 8. Concepts used in Presentation Concepts Used
  9. 9. <ul><li>Other things remaining same, more of a commodity is supplied at a higher price & less of it is supplied at a lower price . </li></ul>Law of supply
  10. 10. <ul><li>ncrease in price causes an increase in quantity </li></ul><ul><li>Change in quantity supplied due to change in its own price </li></ul>Movement along supply curve
  11. 11. Increase in Price causes increase in quantity supplied Movement along supply curve Quantity Price P 0 Q 0 P 1 Q 1
  12. 12. Decrease in Price causes decrease in quantity supplied Movement along supply curve Quantity Price P 0 Q 0 P 1 Q 1
  13. 13. Methodology used in Presentation Methodology
  14. 14. <ul><li>Regular demand - Onions, Potatoes, Tomato, Green Chillies </li></ul><ul><li>Seasonal demand - Brinjal, Cauliflower, Bitter gourd </li></ul>Vegetable types
  15. 15. <ul><li>Primary data </li></ul><ul><li>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. </li></ul>Data collection
  16. 16. <ul><li> Secondary data </li></ul><ul><li>Data was also collected from internet, and was used to analyze and calculate various statistics of vegetable supply and demand. </li></ul><ul><li>We have also taken information and concepts from our course. </li></ul>Data collection
  17. 17. Key findings <ul><li>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 </li></ul>
  18. 18. Findings..(contd.)
  19. 19. Factors affecting supply of vegetables..
  20. 20. Other factors..
  21. 21. Learning outcomes..
  22. 22. References...
  23. 23. This slide is intentionally left blank …
  24. 24. Prepared by…

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