Coffee Bean Market - Arabica by XueTing Lee https://padlet.com/lee_xueting/16S15GROUP1 en-us 2016-04-06 00:23:58 UTC 2026-02-26 09:28:17 UTC hello@padlet.com Chat Box lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257651 Ms Lee: Hi]]> 2016-04-04 06:39:46 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257651 Conclusion lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257652 2016-04-04 06:38:57 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257652 Body: State the new (final) equilibrium lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257653 2016-04-04 06:38:13 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257653 Body: Using the market adjustment process, explain how the shift(s) changes the equilibrium price and quantity (Explanation of diagram): lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257654 Note: Please draw the diagram manually, take a photo and upload it by clicking the "video icon". ]]> 2016-04-04 06:35:51 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257654 Body: Decide the direction and magnitude in which the curves shift lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257655 The supply curve S1 shifts to the right S2.The demand curve D1 shifts to the right]]> 2016-04-04 06:34:27 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257655 Body: Identify and explain whether the factor/event shifts the demand or supply curve. (2 Demand + 1 Supply or 2 Supply + 1 Demand) lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257656  Supply factor:
The supply of coffee beans will increase. The weather in Brazil is good. This will result in an unexpectedly large crop yield as shown in article 2.  Hence, supply for coffee beans will increase.

Supply factor:
The prices of coffee beans are increasing according to article one. 

Demand factor:
The demand of coffe beans are increasing because of the increase of consumers in the developing countries ,like China ,Indonesia and Brazil.The economic growth in the developing countries makes the income of consumers increased .Thus ,the purchasing power increases .The no of units of coffe beans demanded increases


]]> 2016-04-04 06:32:26 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257656 Body: State the initial equilibrium lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257657 At the initial eqilibrium point ,the equilibrium price is P1,the eqilibrium  quantity is Q1.

]]> 2016-04-04 06:31:44 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257657 Introduction lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257658 Explain market mechanism:
Means by which the forces of demand and supply determine prices and quantities of goods and services offered for sale in a free market.


Define demand:
Demand for coffee bean is the amount of coffee beans consumers are willing and able to purchase in a given period of time, ceteris paribus

Define supply:
Supply is the amount of coffee bean that the producers are able and willing to  produce in a given period of time, ceteris paribus.


]]> 2016-04-04 06:30:11 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257658 Welcome:) lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257659 Dear Students,

Welcome to Home-Based Learning 2016!

By now, you should have the list of the team members in your group. Each team will analyse 2 articles below to identify 3 evidence/information (2 Demand + 1 Supply or 2 Supply + 1 Demand factors)  to answer the following essay question:

a) With reference to the 2 news articles, explain the fall in prices of coffee beans in Brazil.

To discuss the answers with your group members, double click anywhere on the wall and a virtual "sticky note" will appear at the top. From, enter your name, then you can use the "sticky note" to "chat" with each other. 

For example, Miss Lee: I don't think that is a non-price factor that affects demand. Please remember to write your name before the statement :) 

Lastly, please identify these non-price determinants of demand & supply by quoting the relevant phrases from the article. 

For example, as stated in article 1, "the recession in Europe has hit demand". After quoting the evidence for the article please proceed to explain how this non-price factor affects demand or supply with economic rigour. 

I have provided some scaffolding statements to guide you in your essay development. Address each statement by writing the essay segment in the respective sticky note. Press the pencil button to write the respective essay segment.

]]> 2016-04-04 06:06:48 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257659 Topic: Demand, Supply & Market Equilibrium lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257660 Objective - Students will be able to identify and explain how the demand and supply factors affect the market for coffee beans.]]> 2016-04-04 06:04:45 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257660 Group name: lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257661 Please write out the names of the members in the group.
1.Yiran
2.Junseok
3.Earnest
4.Shaowei]]> 2016-04-04 06:03:43 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257661 With reference to the 2 news articles,  explain the fall in prices of coffee beans in Brazil. lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257663 2016-04-04 05:52:46 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257663 News Article lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257664 2016-04-04 05:51:11 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257664 News Article 1 lee_xueting https://padlet.com/lee_xueting/16S15GROUP1/wish/104257665 2016-04-04 05:48:50 UTC https://padlet.com/lee_xueting/16S15GROUP1/wish/104257665