Months
Monthly Average Price
(Rs.per 100 KG)
Monthly Average Supplied Quantity
(Tones)
Price Elasticity
Price Flexibility Coefficient
Jan.
1883
75
-
-
Feb.
1733
68
-2.25
-0.44
Mar.
1967
71
-1.80
-0.55
Apr.
2367
58
-0.54
-1.84
May
1858
63
-0.23
-4.16
Jun
1467
72
-3.39
-0.29
July
1550
53
-1.00
-0.99
Aug
2150
39
-1.04
-0.95
Sept
3000
41
-0.51
-1.93
Oct
3292
48
-1.18
-0.84
Nov
5883
60
-0.33
-3.01
Dec
4167
40
0.53
1.85
Source:
Secondary data on price for Hyderabad market
Table 4:
Price elasticity and price flexibility coefficient for onion in Hyderabad 2012.
