How did an export ban on onion by India affected the price of local onion in Bangladesh? Can you show this change/ effect on a diagram?   If demand for local onion increases during Eid (in future) what changes do you see in the above diagram (from question 2)? Will the supply curve be affected or the demand curve for local onion?   If less rainfall limited the supply of Indian onion production, how will it change the equilibrium price in the Indian market?

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
Section: Chapter Questions
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How did an export ban on onion by India affected the price of local onion in Bangladesh? Can you show this change/ effect on a diagram?
 
If demand for local onion increases during Eid (in future) what changes do you see in the above diagram (from question 2)? Will the supply curve be affected or the demand curve for local onion?
 
If less rainfall limited the supply of Indian onion production, how will it change the equilibrium price in the Indian market?
 
If Indian Government reduces export incentive, how will it affect/change demand or supply of onion in India in the free market? Show with a diagram
 
Onion prices in Bangladesh are unlikely to come down unless prices fall in India with a bumper production. What can we do to reduce the onion price in BD? Is there a role of the government?
4G
A M
M M
68%
17:19
+ Onion market..
Questions
1. How did the flood affect onion production? Can you show the change in equilibrium
price and quantity with a diagram?
2. How did an export ban on onion by India affected the price of local onion in Bangladesh?
Can you show this change/ effect on a diagram?
3. If demand for local onion increases during Eid (in future) what changes do you see in the
above diagram (from question 2)? Will the supply curve be affected or the demand curve
for local onion?
4. If less rainfall limited the supply of Indian onion production, how will it change the
equilibrium price in the Indian market?
5. If Indian Government reduces export incentive, how will it affect/change demand or
supply of onion in India in the free market? Show with a diagram.
6. Onion prices in Bangladesh are unlikely to come down unless prices fall in India with a
bumper production. What can we do to reduce the onion price in BD? Is there a role of
the government?
Transcribed Image Text:4G A M M M 68% 17:19 + Onion market.. Questions 1. How did the flood affect onion production? Can you show the change in equilibrium price and quantity with a diagram? 2. How did an export ban on onion by India affected the price of local onion in Bangladesh? Can you show this change/ effect on a diagram? 3. If demand for local onion increases during Eid (in future) what changes do you see in the above diagram (from question 2)? Will the supply curve be affected or the demand curve for local onion? 4. If less rainfall limited the supply of Indian onion production, how will it change the equilibrium price in the Indian market? 5. If Indian Government reduces export incentive, how will it affect/change demand or supply of onion in India in the free market? Show with a diagram. 6. Onion prices in Bangladesh are unlikely to come down unless prices fall in India with a bumper production. What can we do to reduce the onion price in BD? Is there a role of the government?
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