Order custom papers, masters thesis and dissertation in 3 guided steps; human written!
Posted: December 9th, 2022
Prices of Onion (Dish and Indian) go up due to shortage of supply 1 . Introduction: Microeconomic theory is perhaps the most important course in all economics and business programs. I am Just trying to discuss about the role of theory or models in microeconomics, discuss the basic methodology of economics, and distinguish between positive and normative analysis. Our main target in this assignment is to write an essay about microeconomics related topic which is published by the newspapers recently.
After studying the newspaper I have got a microeconomic elated topic which prices go up, as a result, demand will decrease. According to my previous study knowledge, I had some ideas about production cost, import cost, transportation cost and other similar cost by which we can determine the cost and profit. After taking the microeconomic course, it seems to me that the scenario is different. Here we need not only production and other similar cost and profit but also supply and demand, changing situation, income and substitution effect, equilibrium price, elasticity, cost behavior, market position etc..
Here my selected product is Onions (Dish and Indian). This is because; onions are one of the most important commodities of our daily meal. Recently the prices of onions go up in the retail market not only Dish onion but also Indian onion. Retailer said that, the prices of local onion increased by TX. 10 a keg and was selling at TX. 70 a keg while the Just harvested onion was retailing at TX. 45 a keg and Indian onion at TX. 40 a keg over the last week due to supply shortage.
So that, I have decided to write an essay about onion (Dish and Indian) where Indian onion is the substitute of Dish onions including the demand and supply of onions, equilibrium price, effect on price, substitution and income effect, production function, elasticity, cost function and market structure of onion. 2. Data Collection: After studying the newspapers, I have found a microeconomic related topic that is, "Onion, flour, vegetables, fish prices go up" which is published by Financial Express on 15th December, 2014: 2024 - Essay Writing Service. Custom Essay Services Cheap and 'Prices of onions, green chili skyrocket' which is published by New Age on 22 December, 2014: 2024 - Essay Writing Service. Custom Essay Services Cheap.
So I have taken two commodity Dish onion and Indian onion. For getting more information I visited 2 markets which is rarest of my area due to know about the supply and current and previous price and demand for two types of onions. A) Unbearably Market b) Buzzard Market 3. Demand: 3. 1. Law of demand: We know that, consumer purchase more products when the price is lower and they buy fewer products at higher price where other things remain the same. We also know that, there is an inverse relationship between price and quantity demanded according to the law of demand. So the slope of demand curve is downward.
You Want Quality and That’s What We Deliver
We’ve put together our writing team with care, choosing talented writers who shine in their fields. Each one goes through a tough selection process, where we look for folks with deep expertise in specific subjects and a solid history of academic writing. They bring their own mix of know-how and flair to the table, making sure our content hits the mark—packed with info, easy to read, and perfect for college students like you.
We don’t do AI-written essays or copycat work—everything’s original. Competitive pricing is a big deal for us; we keep costs fair while delivering top-notch quality. Our writers are some of the best out there, and we charge rates that stack up well against other services. This means you get stellar content without draining your wallet. Our pricing is straightforward and honest, built to give you real value for your money. That’s why students turn to us for high-quality writing services that won’t break the bank.
Academic integrity is at the heart of what we do. Every paper starts from scratch, with original research and writing tailored just for you. We write 100% authentic—no plagiarism research essays. Our strict quality control process includes scanning every draft with top tools like SafeAssign and Turnitin, so you get a similarity score and proof of originality. We’re obsessive about proper citation and referencing too, crediting every source to keep things legit. It’s all about giving you peace of mind with content that meets the highest standards.
When you decide to place an order with Dissertation Writer, here is what happens: