Professional Documents
Culture Documents
AGRIV
ET
GROUP 3 BSMA 2-1
SUPPLY BUSINESS
AGRIVET BUSINESS
Agrivet Business specializes in the retail and
wholesale of veterinary drugs and medicines, feeds,
and gamecock accessories in the rural part of a
municipality where the demand require it the most.
It benefits both farmers, the agriculture sector, and
the community. The business has a local supplier
with the availability of high-quality feeds at the least
possible cost.
ASSESSMENT
Demand
As one of the agricultural
Supply
Technology has been used to
industry's major suppliers of improve the performance of almost
feeds and other veterinary everything in agriculture, from seeds
products, Agrivet businesses is to livestock to equipment. Over time,
in high demand. Furthermore, the adoption of technology in the
as the agriculture industry production of agricultural products
expands, so will the demand for has been a prime factor shifting the
agriculturists. Also, according supply curve rapidly outward.
to study the population triggers Furthermore, as more farms produce
the demand for the agricultural supply for this type of business, the
industry supply grows and becomes more
competitive.
DEMAND SCHEDULE
AGRIVET SUPPLY BUSINESS DEMAND SCHEDULE FOR
AGRICULTURAL FEEDS
PRICE QUANTITY DEMANDED (KG OF
FEEDS)
25 100
30 80
35 60
40 40
45 30
50 25
55 20
DEMAND CURVE
SUPPLY SCHEDULE
AGRIVET SUPPLY BUSINESS SUPPLY SCHEDULE FOR
AGRICULTURAL FEEDS
PRICE QUANTITY SUPPLIED (KG OF
FEEDS)
25 40
30 50
35 60
40 70
45 80
50 90
55 100
SUPPLY CURVE
EQUILIBRIUM
surplus
-equilibrium
shortage
SURPLUS
40x45 1,800
40x70 2,800
30x80 2,400
30x50 1,500
SHORTAGE 900
THANK YOU!