Microeconomics [Name of the Writer] [Name of the Institution] Table of Contents 1.0 Article Summary 2 3.0 Article Analysis 2 3.1 Supply and demand of Onion 2 3.2 Total Revenue and Price Elasticity 5 3.3 Market Efficiency 7 4.0 Conclusion 7 5.0 References 9 1.0 Article Summary The chosen article for analysis if Why Re 1 for 1 000 Kg Onions: What A Debt-Hit Farmer Made in Maharashtra which was composed by Mr. Arshia Dhar and posted on 26th May 2016. This happened in Maharashtra in India. This article talks about the unseasonal downpour and hailstorm brings about the costs of onion rise quickly which expanded by 300-400 percent from the first cost (Bhatt 2016). With a specific end goal to clear the deficiency issue and to achieve the balance cost makers increment the cost of onion due to the yield harm causes less measure of harvest. Value versatility bunch of onions (Engle Carole Quagrainie and Madan). 5.0 References Bhatt Abhinav. 2016. "Re 1 For 1 000 Kg Onions: What A Debt-Hit Farmer Made In Maharashtra - Everylifecounts.NDTV.Com". Everylifecounts.NDTV.Com. http://everylifecounts.ndtv.com/re-1-for-1000-kg-onions-what-a-debt-hit-farmer-made- in-maharashtra-3104. Chengappa P.G. Manjunatha A.V. Dimble V. and Shah K. 2012. Competitive Assessment of Onion Markets in India. Institute for Social and Economic Change. Competition commission of India 1 p.86. Curtin University. 2016. “Lecture 2: Supply and demand.” PowerPoint lecture notes. Curtin University. 2016. “Lecture 3: Elasticity.” PowerPoint lecture notes. Curtin University. 2016. “Lecture 4: Economic Efficiency.” PowerPoint lecture notes. Engle Carole R. Kwamena K. Quagrainie and Madan M. Dey. "Demand and supply." Seafood and Aquaculture Marketing Handbook: 22-46. Gummagolmath K. 2012. Trends in marketing and export of onion in India. Research Report National Institute of Agricultural Marketing Jaipur. Sharma S. and Lote K.S. 2013. Understanding demand volatility in supply chains through the vibrations analogy—the onion supply case.Logistics Research 6(1) 3-15. [...]
word limit is 1500 words excluding the references i would also prefer u use an article related to the fall of milk prices in australia or of some other commodity...something not too broad or narrow the assignment outline is in the unit outline (the only assignment there) with all the instructions please have it completed in atleast 24hrs chicago referencing and i am a first year uni student so please write in an english level accordingly. Please view the examplars so you can see examples of how the assignment is meant to look like. the graphs should be hand drawn and scanned into the appropriate places in the assignment. please stick to the topics discussed in the powerpoint lectures i have attached. Otherwise this assignment is not difficult as it in an introductory to economics. you will need access to a printer and scanner. Thankyou in advance and goodluck. This assignment is so important for me. please complete in less than 24hrs or i will not be able to submit it.