Professional Documents
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CONTENTS
DEFINATION
MEANING
GRAPH
CASE SUMMARY
CASE SOLUTION
ANALYSIS
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DEFINATION
3
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
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ANALYSIS
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• NUPUR • ASHISH
• SWETA • PAWAN
• RACHNA • LOKESH
• UPENDRA • Mo. BILAL
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