Abstract
Abstract: The volatility of vegetable prices poses significant challenges to consumers, producers, and policymakers alike. This research paper examines the price fluctuations of three commonly consumed vegetables: tomatoes, potatoes, and cabbages. Through an analysis of empirical data spanning a specified period, we investigate why tomatoes and cabbages exhibit higher price fluctuations compared to potatoes. Our findings suggest that the short life span and susceptibility to rotting inherent in tomatoes and cabbages contribute significantly to their price volatility. Additionally, the need for extra care in handling these vegetables further exacerbates their price instability. By comparing the magnitude and frequency of price fluctuations among the three vegetables, this study sheds light on the economic implications of such volatility. Ultimately, our research underscores the importance of understanding the factors driving price fluctuations in the vegetable market and suggests avenues for mitigating their impact on consumers, producers, and other stakeholders
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More From: International Journal for Research in Applied Science and Engineering Technology
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