Months
Monthly Average Price
(Rs.per 100 KG)
Monthly Average Supplied Quantity
(Tones)
Price Elasticity
Price Flexibility Coefficient
Jan.
950
4588
-
-
Feb.
917
4710
-0.76
-1.30
Mar.
1000
3964
-1.74
-0.57
Apr.
983
4025
-0.90
-1.10
May
1700
3740
-0.097
-10.30
Jun
2142
3250
-0.50
-1.98
July
2567
3020
-0.35
-2.80
Aug
3917
2775
-0.15
-6.48
Sept
2725
2930
-0.18
-5.44
Oct
2458
3095
-0.57
-1.73
Nov
2483
3155
1.9
0.52
Dec
1283
3445
-0.19
-5.24
Source:
Secondary data on price for Hyderabad market
Table 3:
Price elasticity and price flexibility coefficient for potato in Hyderabad 2012.