Economy, asked by krrdsharma2009, 8 months ago

in india sugarcane juice is mostly preferred during summers season sugarcane crop has been badly effected by storm and prices of sugarcanne increased explain its effect on demand of sugarcane juice

Answers

Answered by Nereida
5

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In india sugarcane juice is mostly preferred during summers season. If Sugarcane crop has been badly effected by storm and prices of sugarcane increased. Explain its effect on demand of sugarcane juice.

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  • It is obvious if the sugarcane price increases, the sugarcane juice's price is also going to increase.
  • If sugarcane crop is badly affected by storm, the stock of sugarcane will decrease.
  • If stock is less and the demand is more, like in summers for sugarcane juice, the price of sugarcane is obviously going to rise.
  • If the price of sugar cane rises, the people who sell sugarcane juice will have to buy them in that costly price from the traders who also bought them in costly price.
  • Now, if trader bought them, for example in Rs. 10,000; the sugar cane juice seller will have to buy them in more price as everyone requires profit.
  • When the sugarcane juice seller will buy in high price, obviously he will also sell juice in a bit high price than the usual sugarcane juice price.
  • This is how prices affected in such a situation. You can see such an effect on price not only in sugar cane juice given in this question, but every goods and commodities whose stock decreases because of some or the other reason.

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Answered by Anonymous
2

Explanation:

<p style ="Color:cyan; font-family: cursive; background:black;font size25px;"> dust Storms are very common during the month of May in Northern India. These Storms bring temporary relief is there in lower the temperature and may bring light rain and cold Breedze.

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