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DEMAND IN AGRICULTURE MARKETING, main activities - Coggle Diagram
DEMAND IN AGRICULTURE MARKETING
DEMAND DETERMINANT IN AGRICULTURAL COMMODITIES
Consumer taste & preferences
Introduction completely new product
Population
Enviromental & cultural factors
Disposable income
CHANGE IN QUANTITY DEMANDED
shown by movement along demand curve
caused by price changes
DEMAND DETERMINANTS
Price of other product
Consumer preferences
Number of buyers
Consumer expectation
Income
DEMAND CHANGES
POSITIVE
Shift to the right
Price & quantity increase
NEGATIVE
Shift to the left
price and quantity decrease
CAUSED BY DEMAND DETERMINANTS
DEMAND IN LAW
Price increase demand increase
price varies inversely with quantity
Relationship between price & quantity
DEMAND DEFINITION
Customer's desire & willingness to pay a price for specific good or service
AGRIBUSINESS
Sold product & make a profit
MARKETING
set signal & change in demand & supply
most crucial
Provide indicators for future economic & business activities
main activities
DISTRIBUTION
PROCESSING
TRANSPORTATION
MARKETING
PRODUCTION