Preview

Dada

Good Essays
Open Document
Open Document
1858 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Dada
Chapter I
I. Introduction One of our basic needs is rice which is considered as the staple food in the Philippines. Almost all of us buy rice every day for our meal so it is one of the products that have a high demand. According to the Law of Demand, if the demand is high then the price is low and if the demand is low then the price is high. (Macarubbo, Ekonomiks Ngayon: Pinagaan at Pinaunlad (2011), page 96, New Horizons Publications) Rice can be bought in super markets and public stores. The price of rice may vary from its quality from how it was made. Circumstances changes as time goes by in producing rice and it has an effect in the price of the rice. Just like the weather, it can change the price of rice. The researchers aim to find the factors that affect the prices of to the La Huerta consumers in the Philippines during 2013 - 2014.
II. Background of the Study Rice will undergo many processes before it can be sell in stores. The seeds are selected carefully before it can be planted. Then the soil is prepared to ensure that that the rice production will have a good quality. Then it is planted by the process of transplanting. Water is needed to grow crops. To prevent water shortage, the farmers aim to maintain flooded conditions in their fields. Fertilizer was used by the farmer to ensure that the rice will get the exact nutrients it needs to grow. There is also a threat in growing rice in the field such as insects and other pests. Farmers need to keep the field free from the pests to ensure good rice production. Then when it’s ready to be harvested, it will undergo post harvesting, it includes drying and milling. Then it will be packed and it will be ready for a delivery. The price of rice changes because many factors are affecting in the production of it. The researchers aim to discover the factors that affect the price of rice in Barangay La Huerta. La Huerta located in Paranaque City. It is a productive place with

You May Also Find These Documents Helpful

  • Powerful Essays

    Wgu Gke2 Task 2

    • 1230 Words
    • 5 Pages

    The rice market is our product concerned in this assignment. As a pantry necessity for the Asians, the rice market has an inelastic demand. Also, it has no close substitutes or perfect substitutes. This makes the importance of rice inevitable. On the other hand, the rice market has an elastic supply. Due to the wide variety of rice provided in the market, the quantity supplied by sellers tends to respond substantially to slight changes in price.…

    • 1230 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The demand for corn as an ingredient for an alternative energy source has had a profound effect on its supply as a core food ingredient. So, what has been the effect on the supply of corn and its substitute such as the soybean? The answer can be found by examining the five demand determinants and five supply determinants to see which ones will shift demand and supply. The demand determinants are known as T-I-P-E-N, which stands for Taste of preference, Income, Price of complements and substitutes, Expectation of consumer, and Number of buyers in the market. The supply determinants are known as P-R-E-S-T, which stands for Producers (number of), Resource price, Expectation of business, Subsidies and taxes, and Technology. The farming industry has had to ramp up production of corn to satisfy the demand that was caused by the increase in the number of buyers. More buyers will generate more income, so most likely farmland will be used to produce more corn. The determinants of Number of buyers and Income are responsible for this demand shift. The land available for soybean crops will decrease, resulting in a reduction of supply. This supply shift is the result of Producers (number of).…

    • 571 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    dada

    • 333 Words
    • 2 Pages

    Max Weber, the ‘founding voice’ on power in organisations saw power as a pervasive aspect of organisational life (Clegg, Kornberger and Pitsis, 2011, p 252).…

    • 333 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Abstract The purpose of this paper is to describe three main building blocks of supply and demand analysis which are supply curves, demand curves, and the concept of market equilibrium. The focus of this research is based on information acquired from the eBook provided to us by Galen University. This book is titled “Microeconomics” a 4th Edition and was written by David A. Basenko and Ronald R. Braeutigam with contributions from Micheal J. Gibbs, The University of Chicago, and Booth School of Business. In the form of a questionnaire, it is established that the demand and supply for corn is used to make many food and industrial products such as corn oil, alcohol and most important corn torilla which all falls under a need to society. Moreover, corn is an interesting crop as we can eat it, we can manufacture consumer products with it, we can wear it as today’s technology is so advanced that corn is used in production of fabrics. As a result, producers of corn products develop a culture of loyalty to its company and to its consumers providing mass amounts of products in accordance to the demand of the product. Overall, the prime concern for corn producer is ensuring that there is sufficient food supply for the future. An analysis made from the questionnaire there is substantial evidence that the supply and demand for corn will always be in demand therefore there needs to be and even flow of supply or equilibrium.…

    • 746 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    to be concerned’ this may be because more people are likely to buy them so the government is more likely to have to buy more from the farmer. The free market usually determine the prices of commodities such as sugar and tin, yet, without intervention, the prices of coffee and sugar have been unstable as Extract A shows a significant increase in the price of coffee in 2008 and sugar in 2005.…

    • 626 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Business and Rice

    • 369 Words
    • 2 Pages

    5 The company can grow rice outside from any rice grown for food, and use dedicated equipment for field production, storage, and transportation and to use only processing equipment that…

    • 369 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    marketing mix worksheet

    • 3503 Words
    • 13 Pages

    Let us first understand the market equilibrium price of the product and then identify and analyze how factors such as change in…

    • 3503 Words
    • 13 Pages
    Best Essays
  • Good Essays

    Dada

    • 646 Words
    • 3 Pages

    Dada is an art movement which began in 1916 in Zurich, Switzerland. Encompassing all aspects of art including literature, manifestos, theatre and visual arts, the Dadaists strived to create works which rejected the laws and societal values of the time. They described their works as anti-art, and much of it was anarchistic protest, particularly in German Dada which was a response…

    • 646 Words
    • 3 Pages
    Good Essays
  • Good Essays

    As illustrated by the graph, a fall in the price of the Basmati Rice is going to increase the…

    • 727 Words
    • 3 Pages
    Good Essays
  • Good Essays

    To meet the requirements of the ever increasing population with its higher purchasing power, and this despite less and less manpower because of the high outmigration from rural areas, agriculture increased its outputs and productivity, a process which had consequences for the price of agricultural products. The more people live in the cities and have to buy food at the market, the more agricultural prices became a political issue. The interest of urban society in agriculture is an interest in low prices, and the request of the primary sector for price increases is a regular nuisance for the urban population.…

    • 580 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The price of coffee beans is volatile because there are concerning shifts in supply and demand. These beans are produced in countries with warm climates, for example Brazil, Columbia, Jamaica, and some parts of Africa. This commodity is exported and imported around the world. With supply being suppressed, the price of beans will continue to increase. In the following table the shift of supply and demand shows to be a volatile commodity, no matter what causes the shift.…

    • 1001 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Rising Cost of Living

    • 510 Words
    • 3 Pages

    Since a country cannot be self sufficient in every way, it is difficult to find a solution for the rising prices in isolation. Cultivation of rice, vegetables and fruits may generally lower their prices.…

    • 510 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Potato chips is the most popular and common snack for Filipinos, both children and adults. The objective of this study is to deliver to customers the different pricing trends of the producers of potato chips to its market. One of the leading brands that is fast-selling is Jack n’ Jill’s Piattos. This potato chip brand runs through the market in many countries including Thailand, Malaysia, China, Indonesia and Vietnam for 46 years (Source: http://www.universalrobina.com/wp-content/uploads/2010/04/URC-2009-AR.pdf) and is continuously fighting in the market versus its competitors.…

    • 1062 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    References: Alderman, Harold (1986) The Effect of Food Price and Income Changes on the Acquisition of Food by Low Income Households. International Food Policy Research Institute, Washington, D.C. Blundell, R., Pashardes, P. and Weber, G. (1993) What do we learn about consumer demand patterns from micro data? American Economic Review, 83: 570-597. Bouis, Howarth (1991) A Food Demand System Based on Demand for Characteristics: If There Is Curvature in the Slutsky Matrix, What Do the Curves Look Like and Why?. International Food Policy Research Institute, Washington, D.C. Bouis, Howarth and Haddad, Lawrence (1992) Are the estimates of calorie income elasticities too high: A recalibration of the plausible range. Journal of Development Economics, 53(June): 115-137. Deaton, A. and Muellbauer, J. (1980) An almost ideal demand system. American Economic Review, 70(3): 312-326. Dey, Madan M. (2000) Analysis of demand for fish in Bangladesh. Aquaculture Economics & Management, 4: 63-79.…

    • 8435 Words
    • 34 Pages
    Powerful Essays
  • Good Essays

    The rice business is a basic or you can say primary need base business and the commodity is sold around the year whereas Asian south pacific region is concern demand is always at peak because consumers mostly prefer rice than its substitute wheat to satisfy their utility. The labor in Pakistan to work in field of rice is easy rather than other type of businesses because it’s a traditional field to local community in rural areas where our plants are manufactured and those labors are been furnished now a days with latest technology and working capital is more familiarized with machines and best skills are been transformed due to global change in human behavior. Whereas raw material is concern most of the rural area near Kambar and Shahdadkot land is fertile. Mostly people of K&S are dependent on agricultural field landlord and formers, the fertilizing to cultivating rice crops remained easy as well as beneficial to formers so this lead us to receive a wide variety of raw material to polish in our manufacturing unit to process and get final goods to be read in such a assortment likewise: basmati rice and super colonial the best quality rice to aree, 75% size rice to half size rice and much more of it. This much of variety is due to surplus of production in near areas. The domestic market demand is raising day by day as the population is growing every minute so as the international demand and that’s a strength for a businessman in which boundary spinning of segment is rapid to which he/she had targeted.…

    • 664 Words
    • 3 Pages
    Good Essays