If anyone is asked to name a few signature food items of Dhaka city, Kachchi or mutton
Question:
If anyone is asked to name a few signature food items of Dhaka city, Kachchi or mutton Biryani will be at the top of the list. For us Bangladeshis, Kachchi Biryani is another name for love. We will never get tired of eating it. The dish's origins are up for debate, but most food historians agree that the precursor to South Asian biryani first emerged in Persia, probably as an unfussed mix of rice and meat, and travelled to the subcontinent through trade, pilgrimage, and conquest. In 1610, after the Mughal rulers declared Dhaka as the provincial capital, Mughal subedars and other high officials arrived in Dhaka to manage the administration, and they brought — along with intrigue, grandeur, and tantrums — the biryani. Back then, it is said, the biryani could be prepared only for members of the ruling family, and that too on special occasions. The cooks came from the west, where the Hyderabadi biryani had only just begun to spread its aroma around India. Somewhere along the way, though, the Dhaka biryani developed its own characteristics, which set it apart from its Hyderabadi progenitor – and even from the Sindhi, Kozhikode, Kolkata, Lucknow. Apart from kachchi biryanis, “Morog Polaw” or chicken biryani is also famous among Dhaka city dwellers. Salad items (i.e. cucumber, carrot, green chillies, lemon) are eaten together with kachchi biryanis, but various types of chutneys are mostly liked by the kachchi biryani lovers while eating biryanis rather than salad items. Salad items are largely consumed with chicken biryani or Morog Polaw items. If Kachchi biryani lover don’t get kachchi at restaurants, then they tend to have chicken biryani or Morog Polaw as substitute items, which is followed by people’s income. Generally, kachchi biryanis are priced relatively higher than those of Morog Polaw & chicken biryanis. Answer the following questions (Q1, Q2) based on different incidents using economic concepts and relevant diagrams/graphs:
Q1: Suppose, suddenly the supply of mutton decreases due to unknown goat diseases. What would happen to the market of salad items? Would this event affect chutney market? Because of this decreased supply of mutton what would happen to the market of Kachchi biryanis, Morog Polaw, and chicken biryanis? Explain (in details) with relevant diagrams/graphs.
Q2: Now consider a different situation. A flood has occurred at rural areas in Bangladesh, which has caused local people to sell their livestock (i.e. chicken, duck, cow, goat) at low price in the market. Because of this event, what would happen to the market of salad items? What would happen to the market of Kachchi biryani, Morog Polaw, and chicken biryanis? Explain (in details) with relevant diagrams/graphs.
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman