Journal of Food, Agriculture and Environment




Vol 19, Issue 1,2021
Online ISSN: 1459-0263


Analysis on demand and price of garlic in Madhya Pradesh India


Author(s):

Reena Patidar, Neeta Tapan

Recieved Date: 2020-09-08, Accepted Date: 2020-12-18

Abstract:

The aim of the study was the price and demand of garlic in Madhya Pradesh and the dependence of demand on garlic. The study area was whole stateof Madhya Pradesh from 2009 to 2018. Regression model was used for proving the hypothesis and the dependence of demand on price was shownthrough R2. The value of α and β were significant on the 0.005 level of significance. Calculated t value is 2.46 and R2 49.6% which means that demanddepends 49.6% on price of garlic in Madhya Pradesh. Null hypothesis has been rejected and an alternative hypothesis has been accepted. The valuescome out through the model which is run on data in this research paper. It seems that there is direct relationship between price and demand of garlic

Keywords:

Price, garlic, production, demand


Journal: Journal of Food, Agriculture and Environment
Year: 2021
Volume: 19
Issue: 1
Category: Agriculture
Pages: 58-60


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