Question

project about the changing price of variety of fruits and vegetable in market and impact on quantity demand
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Answer 1

Explanation:

Main points in Chapter 3

THE EFFECT OF SUPPLY AND DEMAND ON PRICES...

Factors influencing supply and demand;

Short-term price fluctuations and their causes;

Long-term price changes;

Balance between supply and demand.

HORTICULTURAL MARKETS OPERATE IN A COMPLEX WAY...

How do price changes affect supply?

How do price changes affect demand?

How do demand changes affect price?

What is the impact of income growth?

prices of competing produce;

range of products available to consumers.

The quantity that producers supply is also affected by a number of factors, the most important being:

price of the goods/products on the market;

price of inputs/costs of production;

technological factors;

climate;

storage possibilities.