More Import Permits If Not Enough Chicken Essay

JITRA The government will issue permits to import cowardly scarcely if there is a shortage. Deputy Agriculture and Agro-based Industry Minister Datuk Johari Baharom state this was unnecessary at the moment as there was a suitable supply.There are enough sensationalistics to meet demand for the abstain month and Hari Raya , he said after having sahur (predawn meal) with villagers in Kampung Teluk Malek here yesterday. The local crybaby farms produce between 1.4 million to 1.5 million birds per day and demand for chicken is less than 1.4 million daily.The government will monitor the supply of chicken to avoid any shortage in the market, especially during the festive season. He said the farm scathe of RM4.70 per kg imposed since the beginning of the fasting month was reasonable, especially when compared with price in neighboring countries. He added that expatriate costs and addition in demand were the contributing factors to price increase. equal from New Straits Times, August 16, 2010a) What is market equilibrium? With the aid of a diagram, explain how it is determined? (4 marks) b) With the aid of a diagram, show the effect of an increase in demand for chicken in the domestic market.(4 marks) c) excuse trio (3) factors that may influence the supply of chicken in the domesticmarket.(6 marks) d) What happens to the price of chicken in the domestic market if our government issue much permits to import chicken? Draw a diagram to support your answer. (3 marks) e) Explain any two (2) possible factors that may influence the demand for chicken. (3 marks)