Question

demand and supply situation of oranges in nagpur during harvesting season, price near the place of origin and away.​

Answer 1

Answer:

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Explanation:

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Answer 2

What is demand?

Demand may be defined as the quantity of a commodity that a consumer is able and willing to buy.

What is supply?

The quantity or amount of a commodity needed.

Demand and supply have a direct relationship where

•     Demand increases supply also increases.

whereas, Price and Demand has an inverse relationship where

•    Price increases Demand decreases and vice-versa.

Here,

• The harvesting season for oranges in Nagpur is from February to march which is only one month where people are eagerly waiting for the fruit.

• The people don't care about the prices, so demand and supply are more.

Prices of oranges  far away will be quite high than the price of oranges in the origin

Reasons:

• there will be transportation costs to the seller.
• as these are perishable goods maintenance costs will be more
• people will be waiting for the fruit to enjoy so the demand.