The Economics on Wheat
Business Economics
the economics on wheat
Table of content
Introduction
Part I: Economic factors determining the price of wheat.
Cost of production
Demand and supply
Elasticity
Market Structure
Part II: How Heineken brewers can pass on the recent increase of wheat prices
to their customers.
Consumer surplus and marginal benefit
Price discrimination
Introduction
In de first part of this paper I will be going into the main economic factors that determine the price of wheat by describing the mean features of the market mechanism: costs of production, demand and supply, market structure and elasticity.

In the second part of this paper I will focus on how the Heineken brewers can pass on the recent increase of wheat prices to their customers.
Part I: Economic factors determining the price of wheat.
Costs of production
Costs of production (with production factors being land, labour, capital and enterprise) are important to a firm because it is one of the factors determining the price at which

Get Your Essay

Cite this page

De First Part Of This Paper And Part Ii. (July 7, 2021). Retrieved from https://www.freeessays.education/de-first-part-of-this-paper-and-part-ii-essay/