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CONTENTS
 DEFINATION
 MEANING
 GRAPH
 CASE SUMMARY
 CASE SOLUTION
 ANALYSIS

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DEFINATION

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MEANING

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EXAMPLE
Chinese consume more rice, as prices go up. They
can either get their required calories by consuming
rice and perhaps some vegetables alone, or by
eating rice, vegetables and a few bites of meat.
But meat is expensive. As the price of rice goes up,
they no longer can afford the luxury of cooking
meat, yet they still need their calories. So they eat
rice instead, which is still relatively cheap
compared to meat.

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GRAPHICAL
REPRESENTATION
P
R
I
C
E

QUANTITY
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CASE SUMMARY
Mr. Sandeep has allocated Rs.3,600 for his
monthly food expense. He eats 2 meals a day
(60 Meals in a month) either 1 kg of pulses or
1 kg of chicken. The price of Chicken-
Rs.100/Kg and Pulses-Rs.20/Kg. Currently
he is eating 30 Meals of Chicken & 30 Meals
of Pulses. From Jan`09 to Jul`09 the price of
pulses increased continuously from Rs 20/Kg
(in Jan) to Rs 50/Kg (in Jul) with the price
rise of Rs 5/kg every month. The
consumption chart for Mr. Sandeep will be as
follows:-

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CASE SOLUTION
MONTH CHICKEN PULSES TOTAL
PRICE DAY EXP. PRICE DAY EXP. EXP. OF
FOOD
JAN 100 30 3000 20 30 600 3600
FEB 100 28 2800 25 32 800 3600

MARCH 100 25 2500 30 35 1050 3550


APRIL 100 22 2200 35 38 1330 3530

MAY 100 20 2000 40 40 1600 3600


JUN 100 16 1600 25 44 1980 3580

JULY 100 12 1200 50 48 2400 3600

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ANALYSIS

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• NUPUR • ASHISH
• SWETA • PAWAN
• RACHNA • LOKESH
• UPENDRA • Mo. BILAL

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