ECO 500: Essay analyzing Perfect Competition and the features of Agriculture in Nepal

ECO 500: Major Project A

Due:  Sunday 28th August 2022 Midnight

Worth 20%

Essay analyzing Perfect Competition and the features of Agriculture in Nepal.

FILL IN THE BLANK SPACES from the References (given to you in Moodle)

NOTE there are many correct answers, so do your own.

Copied answers will fail and may receive 0/25

INTRODUCTION- 5 sentences.

Fill this out after you fill in everything below

AN EXAMPLE introduction- The following analysis and description considers the characteristics of perfect competition. This is compared with the features of farms and farming in Nepal……..

Characteristics of Perfect Competition

  • Many Competing firms, businesses, or farms.
  • Similar products sold e.g., vegetables.
  • Many substitutes for products so products have price elastic demand.
  • Equal small market share of each business. E.g. each farm grows only 0.0001% of rice in Nepal
  • Sellers are price takers -they do not or cannot determine the price they receive for their produce.
  • Ease of Entry (unused land can be planted with crops) and Exit (land can be left fallow-grows nothing).

All that you need to do is to copy and paste these characteristics into you answer

J

A Farm making a LOSS ust copy and paste this diagram into your answer

A Farm making

a good PROFIT

A Farm

just breaking even

Use the diagrams above to distinguish between farms and therefore farmers who make:

  1. A loss
  2. A minimum profit
  3. A reasonable profit

How does (Select at least 2 (you can consider more than 2) of the points below) affect the profitability of farms?

Find the answers out from the references

  1. Farm size- explain how farm size affects profit
  2. Farm location
  3. Type of crop grown
  4. Changes in consumer’s demand
  5. Changes in costs of production and number of farms producing the given farm product
  6. Other factors

Based on your comparison is agriculture in Nepal a perfectly competitive industry? Justify your conclusion.

You can answer this in the table below or in a separate word document answering each question. Answers come from the references

Characteristics of a Perfectly Competitive Industry – FarmingFeatures of Farming in Nepal that is an example of this characteristic ANSWER THESE QUESTIONS EITHER IN THIS TABLE OR SEPERATELY BELOW AS A WORD DOCUMENT
Many Competing farms.How many farmers are in Nepal? What % of Nepal is cultivated? % Arable land not cultivated = fallow land that can be used for farming?
Similar products sold e.g., vegetablesWhat crops are grown in Nepal? Is there any product that Nepal dominates in and perhaps has an advantage in?
Many substitutes for products so products have price elastic demand.From products grown are their similarities. E.g. grain crops – e.g. rice wheat etc
Equal small market share of each business.What is the average size of farms? Are there many big farms or are the majority small?
Sellers are price takers. Products often sold through agents or middlemen. Often under contract.

This is the key answer to this question!
What factors affect supply and demand for agricultural crops in Nepal? In table. SUPPLY DEMAND How do middlemen (they sell the crops on behalf of the farmers) affect prices received by farmers? How does corruption affect the Price received?
Ease of Entry (land can be planted with crops) and Exit (land can be left fallow).If there is fallow unused land, then there is ease to enter? If new generation of young people do not wish to farm- this is a barrier. Explain this.

Is agriculture in Nepal a perfectly competitive industry? Justify your conclusion using your answers in the table above.

To answer this question briefly make a conclusion based on the above table

Perfect Competitively businesses have no control over the price that they receive for their products when sold- is this true for Nepalese farmers?

The answer will be YES but you have to explain why you say YES.

If the answer to the above is true describe why prices are controlled by factors outside the farmer’s control.

What are these factors?

In what ways does the government in Nepal affect agriculture and farmers- (investigate price support and subsidies)?

Define and explain how the government affects agriculture using subsidies and price guarantees using the TWO diagrams below. Copy and paste the diagrams into your answer.

These diagrams will be explained in week 6

In what ways do Middlemen affect the price farmers in Nepal receive for their farm produce when sold?

OVERALL CONCLUSION to your answers

Farming in Nepal is Perfectly Competitive however because of middlemen and corruption they have even less control over farm produce prices. Explain what is the problem with this?

BIBLIOGRAPHY

Include reference to the articles and other sources that you used to find answers from.

YOU DO NOT NEED TO USE OTHER SOURCES UNLESS YOU WANT TO.

THERE IS NO ISSUE ABOUT WORD LIMIT- except for excessive words like 2000-2500 words

ALSO, NO REAL ISSUE ABOUT SIMILARITY EXCEPT IT SHOULD NOT BE over 80- and definitely not 100% (100% =0/25)

Order Now

Get expert help for ECO 500: Essay analyzing Perfect Competition and the features of Agriculture in Nepal and many more. 24X7 help, plag free solution. Order online now!

Universal Assignment (September 27, 2022) ECO 500: Essay analyzing Perfect Competition and the features of Agriculture in Nepal. Retrieved from https://universalassignment.com/eco-500-essay-analyzing-perfect-competition-and-the-features-of-agriculture-in-nepal/.
"ECO 500: Essay analyzing Perfect Competition and the features of Agriculture in Nepal." Universal Assignment - September 27, 2022, https://universalassignment.com/eco-500-essay-analyzing-perfect-competition-and-the-features-of-agriculture-in-nepal/
Universal Assignment August 14, 2022 ECO 500: Essay analyzing Perfect Competition and the features of Agriculture in Nepal., viewed September 27, 2022,<https://universalassignment.com/eco-500-essay-analyzing-perfect-competition-and-the-features-of-agriculture-in-nepal/>
Universal Assignment - ECO 500: Essay analyzing Perfect Competition and the features of Agriculture in Nepal. [Internet]. [Accessed September 27, 2022]. Available from: https://universalassignment.com/eco-500-essay-analyzing-perfect-competition-and-the-features-of-agriculture-in-nepal/
"ECO 500: Essay analyzing Perfect Competition and the features of Agriculture in Nepal." Universal Assignment - Accessed September 27, 2022. https://universalassignment.com/eco-500-essay-analyzing-perfect-competition-and-the-features-of-agriculture-in-nepal/
"ECO 500: Essay analyzing Perfect Competition and the features of Agriculture in Nepal." Universal Assignment [Online]. Available: https://universalassignment.com/eco-500-essay-analyzing-perfect-competition-and-the-features-of-agriculture-in-nepal/. [Accessed: September 27, 2022]

Please note along with our service, we will provide you with the following deliverables:

Please do not hesitate to put forward any queries regarding the service provision.

We look forward to having you on board with us.

Get 45%* OFF on Assignment Help

Popular Assignments

VU22977 – Practice in a Legal Environment

Advanced Diploma of Legal Practice – 22565VIC PORTFOLIO- CLIENT MATTER FILE Assessment task 1 Prepare a comprehensive portfolio of documents to create a Client Matter File which must include: Element 1 Area of law Cover sheet stating client name and short description of legal matter Client Instruction Sheet, Costs Agreement

Read More »

KIT714 ICT Research Principles: Assignment 1

Practical Qualitative Research Exercise                                                                                                                                         Type:                 In-Semester, Individual Assignment Task Length:   minimum 2,000 words Weighting:     20% of total assessment for this unit Due Date:       Friday 5 August 2022 – 11:55 pm (Week05) Submission:    electronic submission on MyLO (WORD or PDF) Description:    This practical exercise will engage students in a qualitative research

Read More »

MODULE 44-704463 Dissertation Help

ASSESSMENT CRITERIA Dissertation (12,500 words) Deadline: JULY 29th 2022, 3pm Introduction and abstract  Situates the research question within the, theory, and concepts Explains the value of the study.  Relevance of the research question, to the field of study is fully justified. Leads logically into the Literature Review. Abstract of professional

Read More »

ITECH1103-Assignment: Assignment 2: Analytics Report

Overview The purpose of this task is to provide students with practical experience in writing a data analytical report to provide useful insights, patterns, and trends in a chosen dataset in the light of a set of tasks required within this document. This dataset will be chosen from the UC

Read More »

PBHL20001 Term 1, 2022 – Supplementary Assessment

PBHL20001 Term 1, 2022 Supplementary Assessment The influenza pandemic that followed World War I and took place over the period from 1918-1920 resulted in an estimated 100 million deaths worldwide and 500 million infections. In addition, this pandemic had a significant impact on public health practice throughout the 20th century

Read More »

Community Health Project 1 (HLTH 3058): Assessment 2: Portfolio Task 2

Community Health Project 1 (HLTH 3058) Assessment 2: Portfolio Task 2 – Evaluative Framework Marking Guide Weighting: 15% the total grade for the course   Criteria Outstanding performance (75-100%) Exceeds core requirements (65-74%) Meets core requirements (50-64%) Does not meet requirements (<50%) Comments Content (70%) Demonstrates adequate knowledge of integrating

Read More »

Community Health Project 1 (HLTH 3058): Assessment 2: Portfolio Task 1

Community Health Project 1 (HLTH 3058)Assessment 2: Portfolio Task 1 – Ethical Considerations Marking GuideWeighting of 15% the total grade for the course Criteria Outstanding performance (75-100%) Exceeds core requirements (65-74%)   Meets core requirements (50-64%) Does not meet requirements (<50%) Comments CONTENT (80%) Ethical Considerations   Demonstrates adequate knowledge

Read More »

SAM 11486/SAM G 6677: Assignment 1 – Individual

Assignment 1 – Individual (25%) Report Due: 11:59pm Sunday Week 5 04/09/2022 This assignment will be marked out of 25 marks and is worth 25% of the overall mark for the unit. Please check the unit outline for late penalties and restrictions on late submissions. This assignment is an individual

Read More »

11486 Systems Analysis and Modelling

Assignment Case Study C – Feed Me Now Disclaimer: The situation described in the following case study is fictional, and bears no resemblance to any persons, businesses, or organisations, living or dead. Any such resemblance, if exists, is merely co-incidental in nature, and is not intentional. Feed Me Now is

Read More »

MAA703 – Accounting for Management

Trimester 2 2022 Assessment Task 2 Part B – Teamwork Reflection (Individual) DUE DATE AND TIME:                        Wednesday, 7 September 2022 by 8:00pm (AEST) PERCENTAGE OF FINAL GRADE:    10% WORD COUNT:                                   750 – 800 words Description Teamwork is one of the vital components of many workplaces and the ability to demonstrate

Read More »

Research project assessment proforma and marking schemes

BSc Biomedical Sciences with Health, Exercise and Nutrition (HEN6004) and BSc Biomedical Science (APS6022) Instructions for use All forms must be completed electronically and uploaded to the student submission point in  turnitin. Please note the literature review assessment will be completed in January whereas the assessment of the paper/poster and

Read More »

XERO and Spotlight reporting software Report Assignment

Case facts – Read me carefully please City Infrastructure Holdings Ltd (CIH) and Network Maintenance Services Ltd (NMS) City Infrastructure Holdings Ltd (CIH) acquired 100% of the 300,000 issued shares in Network Maintenance Services (NMS) on 1 July 2021.  The consideration provided to shareholders of NMS consisted of $1.20 in cash plus 1

Read More »

KIT103 Computational Science

School of Information and Communication Technology College of Sciences and Engineering Unit Outline KIT103 Computational Science Semester 2, 2022 Sandy Bay Campus, Hobart Newnham Campus, Launceston COVID-19 (Coronavirus Information) For information on how you can help keep us all safe, please review the Coronavirus updates page here: https://www.utas.edu.au/about/safety-security-and-wellbeing/coronavirus Sections that

Read More »

SEN725 Urban Stormwater Asset Design

Assessment Task -4 Final Report – Analysis of CoGG Stormwater Network Weight 50% This is an individual assessment task. Plagiarism and collusion is unacceptable practice at Deakin University. You must appropriately reference your work. Failure to do so will result in disciplinary action. For more information on plagiarism and collusion,

Read More »

PSY3PRP 2022 Assignment 2: Research Project Report

PSY3PRP 2022 Assignment 2: Research Project Report Guidelines and Marking Rubric Individual Research Report due Wednesday 19th October 11.59pm (50% of total grade) For this assignment—with support through structured tutorial work across much of the semester— you will produce an individually-written report on the broad topic of feeding difficulties in

Read More »

Increasing Demand for assignment help in Namibia

With the growing population, the demand for clean energy, advanced technology, new structures, and better healthcare is escalating day by day which makes engineering the most popular degree for the youth. As more people pursue engineering nowadays, it also makes it one of the most difficult and competitive degrees also.

Read More »

Online Assignment Help in Germany

How Could You Do Exam Preparation Effectively? Exam time is full of challenges and difficulties. You have to juggle exams even in high school, college, or higher education. It defines your knowledge of a specific subject and how well you know the curriculum. The exam also tests how much you

Read More »

Get Excellent Human Values Assignment Help Immediately

Get Excellent Human Values Assignment Help Immediately: Expert Solutions to all your Queries Instant Human Values Assignment Help Online Students can get Human Values assignment help online in a fast and simple way from the experts at Universal Assignment Help Service. Their team of over 172+ subject experts works every

Read More »

Get Top Modern History Assignment Help Online

Order Modern History Assignment Help immediately Students often need modern history assignment help for many reasons. Getting immediate online help for assignments helps students boost their academics in incredible ways. Sometimes, the pressure of studies is too much to take for students. This causes them to score poor grades and

Read More »

Get Instant Assignment Help in the United Arab Emirates

How Can Assignments Help Students? Whatever the definition of homework is, one thing is certain: it helps students thoroughly learn the concepts they have studied in class. The number of such assignments may cause stress or a burden. It means students and tutors are both correct in their type of

Read More »

Assignment Help in Mexico

How to Gain Awesome Grades in Your Chemistry Subject? Whether you are pursuing a technical degree or studying in the science stream, chemistry is always at the forefront. If you love to observe reactions, molecules, acids, condensation, evaporation, and dilution, chemistry will prove a resource for getting outstanding academic marks.

Read More »

Assignment Help in Kenya

How Could You Find the Best Biology Homework Website? Getting online homework help from an expert is neither embarrassing nor unauthentic. The vast majority of students around the world believe that doing online assignments and tutoring is beneficial. The Standard Graduate School of Education revealed that 56% of students suffer

Read More »

Assignment Help in Bangladesh

The Best 6 Hacks to Shortlist the Top Civil Engineering Assignment Tutor? Finding a homework expert for civil engineering assignments is a hectic task. As civil engineering has several fields, getting expertise is difficult for tutors. You may struggle to receive civil engineering assignment help in Bangladesh due to this

Read More »

Assignment Help in Pakistan

What Will Unethical Occur from Getting Homework? Homework looks like a mode of learning in most cases. But what happens to its quantity? Its quantity should be more than enough for students. Such circumstances may be detrimental to the health of the pupils. Sometimes, college faculties or teachers forget to

Read More »

Assignment Help in Malaysia

The Best 4 Skills You Should Learn For Making Your Career in 2022 As technological innovations leap forward daily, new skills are entering our market. Sticking to one skill set enables you to lose lucrative job opportunities. That is why it gives importance to having diverse skills, which should be

Read More »

MKT200 Marketing Principles: Infographic

Assessment 2 Information Subject Code: MKT200 Subject Name: Marketing Principles Assessment Title: Infographic Assessment Type: Individual infographic Length: Two pages Weighting: 30% Total Marks: 100 Submission: Online Due Date: Week 9 Your task Individually, you are required to create a two-page infographic outlining the communications process of two competitor brands.

Read More »

MMP-223, Property and Real Estate Law and Practice

MMP-223, Property and Real Estate Law and Practice, Trimester 2, 2022 Assignment 2, Client Report, Individual Assignment 25% of Unit Assessment (1,250 words*) Due Date: September 16, 2022, 8-pm AEST Assignment Brief: Clyde, being a real estate agent, loves property. With his share of the sale of the Sorrento property

Read More »

NUR1398 – Foundations of Nursing Practice Theory

Assessment: Care Plan Report Task overview Course NUR1398 – Foundations of Nursing Practice Theory Brief task description Written care plan addressing nursing care requirements for older patients with degenerative conditions. Rationale for assessment task Registered Nurses are required to think through the different aspects of patient care to arrive at

Read More »

MBA641 Project Strategy Framework

Assessment 1 Information Subject Code: MBA641 Subject Name: Strategic Project Management Assessment Title: Project Strategy Framework Assessment Type: Length: Individual video recording and supporting Infographic Video: 10-minute (no more) Supporting infographic: 1 page (no more) Weighting: 30% Total Marks: Submission: 100 Online Due Date: Week 4 Your task You are

Read More »

SEJ201 Structural Design Assessment

SEJ201 Structural Design Assessment Task 5 FINAL PROJECT REPORT Summary The Final Project Report is an individual task which builds on teamwork completed earlier in the trimester. This report shall clearly explain and justify the design solution proposed. In this report students you should identify project scope, inputs and constraints,

Read More »

42907 Design for Durability

Introduction Overall, explain what readers will find in the report, general information about the structure, location, climatic conditions, detail which specific parts of the structure will be designed according to which Australian standard. Which type of foundation, why? You can use figures in this section. Provide the scope of the

Read More »

Can't Find Your Assignment?

Open chat
1
Free Assistance
Universal Assignment
Hello 👋
How can we help you?