Scribd Logo
Upload

Welcome to Scribd!

  • 516 views

    Case Study

    Uploaded by

    Shala Mae
    The document discusses the pending price hike of Pinoy Tasty and Pinoy Pandesal, popular Filipino breads. The bakers attribute the increase to higher costs of the Turkish flour used in making the breads. While the Department of Trade and Industry has confirmed a price hike is pending, they say prices will remain the same for now. The statement of the problem asks how the DTI can minimize or prevent the price hike without withdrawing the higher tariffs on Turkish flour. Various impacts of price increases on demand and supply are discussed, as well as potential substitutes. Recommendations include lowering tariffs on Turkish flour to satisfy needs without excessive price increases.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Case Study

    Uploaded by

    Shala Mae
    516 views2 pages
    The document discusses the pending price hike of Pinoy Tasty and Pinoy Pandesal, popular Filipino breads. The bakers attribute the increase to higher costs of the Turkish flour used in making the breads. While the Department of Trade and Industry has confirmed a price hike is pending, they say prices will remain the same for now. The statement of the problem asks how the DTI can minimize or prevent the price hike without withdrawing the higher tariffs on Turkish flour. Various impacts of price increases on demand and supply are discussed, as well as potential substitutes. Recommendations include lowering tariffs on Turkish flour to satisfy needs without excessive price increases.

    Original Description:

    about increasing price of pinoy tasty and pinoy pandesal

    Original Title

    Case study

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses the pending price hike of Pinoy Tasty and Pinoy Pandesal, popular Filipino breads. The bakers attribute the increase to higher costs of the Turkish flour used in making the breads. While the Department of Trade and Industry has confirmed a price hike is pending, they say prices will remain the same for now. The statement of the problem asks how the DTI can minimize or prevent the price hike without withdrawing the higher tariffs on Turkish flour. Various impacts of price increases on demand and supply are discussed, as well as potential substitutes. Recommendations include lowering tariffs on Turkish flour to satisfy needs without excessive price increases.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    516 views2 pages

    Case Study

    Uploaded by

    Shala Mae
    The document discusses the pending price hike of Pinoy Tasty and Pinoy Pandesal, popular Filipino breads. The bakers attribute the increase to higher costs of the Turkish flour used in making the breads. While the Department of Trade and Industry has confirmed a price hike is pending, they say prices will remain the same for now. The statement of the problem asks how the DTI can minimize or prevent the price hike without withdrawing the higher tariffs on Turkish flour. Various impacts of price increases on demand and supply are discussed, as well as potential substitutes. Recommendations include lowering tariffs on Turkish flour to satisfy needs without excessive price increases.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    INTRODUCTION

    Pinoy tasty are the common food that we are putting in dining table when we have visitors or
    even in occasions likes birthdays, weddings, fiesta and etc. It can also serve during breakfast instead of
    eating white rice they chose to eat Pinoy Tasty because it’s can satisfy them because it’s taste so good.
    And aside from that it is affordable to buy compare to other loaf bread and can serve to all even in
    children or in old’s. In then one day, Filipinos were surprised because the price of Pinoy Tasty seems to
    increase as state in the report or In the news. The price of the Pinoy tasty would increase by 10 to 15
    percent this month. It is because of the higher cost of Turkish flour (flour they’re using in making Pinoy
    Tasty). But according to the bakers, the Department of Trade and Industry (DTI) Edwin Lacierda cinfirm
    that there is a pending hike in the prices Pinoy Tasty and Pinoy Pandesal but they assured the public that
    the price would remain at the current levels for now.

    STATEMENT OF THE PROBLEM

    How will the DTI minimize, if not prevent the pending hike in the pric of Pinoy Tasty without
    withdrawing the imposition of higher tariff in Turkish flour.

    RESULTS AND DISCUSSION

    1. Do you think the demand for Pinoy tasty and Pinoy Pandesal is Elastic? What do you think will
    happen to the demand for pandesal and tasty when increase by 15% and by 100%?

    If the price of Pinoy Tasty and Pinoy Pandesal increase by 15% it would be considered Inelastic since it is
    a regular part of the Filipino breakfast, such a small increase would not be felt by the patrons, they may
    buy less of it but the demand would still be there. But if a bakery increases the price of both types of
    bread by 100%, the demand may become Elastic. With such a big jump in its price, people may choose
    to have rice or other foods where they can get satisfaction for breakfast and also to save money.

    2. What do you think will happen to the supply of pandesal and tasty if the price of locally milled
    flour increased by 15% and by 100%
    3. What are substitutes for pandesal and tasty? Do you think the prices of these substitute will
    likewise increase?

    The substitutes for pandesal and tasty

    4. Do you think the government should implement a price ceiling for pandesal and tasty?

    CONCLUSIONS

    I therefore conclude that

    RECOMMENDATION

    I highly recommend to just lower the tarrifs on Turkish flour remaining it’s domestic
    competitors. Also to satisfy the needs of people without increasing to tariff too much. Then turkey will
    continue their low import of flour.

    Reference/ Rubric

    You might also like