Demand Analysis of Noodle as Staple Food in Surabaya
Description
Noodles as staple food is processed in various menu. There was no prior studies in noodle demand analysis in Surabaya, Indonesia.This study aims to examine the influence of price and buyers’ income on the noodle sales in a noodle restaurant. Using 30 respondents by convenience sampling method, the nominal data were collected in March 2020. The methodology used is quantitative approach with multiple linear analysis, F Test, and T Test. Using Primary data and the results of a questionnaire conducted with a population of 30 men and women aged 19-40 years. The results of this study indicate no significant effect between the price of noodles and the average income to the sales of noodle simultaneously. Whereas, partially, there is significant effect of the price of noodles although there’s no effect of average income on the sale of noodle at the noodle restaurant. The contribution of those independent variables (noodle prices and average income) to the dependent variable (noodle sales) is very low, which shows only 5.30% means that the other variables may influence the noodles sales at the restaurant
Files
2075338744.pdf
Files
(363.8 kB)
| Name | Size | Download all |
|---|---|---|
|
md5:62ff6b54cc1f05641cdaa037e7ab594f
|
363.8 kB | Preview Download |
Additional details
References
- ] M. Sikander,M. S. Khan, and Dr. A. Malik, Instant Noodles: Are they Really Good for Health? A Review, Electric Juornal of Biology,13(3), 2017, 222-227.
- E. H. Braekkan, Why Do Prices Change? An Analysis Of Supply And Demand Shifts And Price Impacts In The Farmed Salmon Market, Journal of Agricultural Economics, 16(1), 2015, 36–48.
- A. W. Dametew, B. Beshah,and F. Abinger. Performance Analysis the Demand and Supply of Basic Metal Products : Focused On Ethiopian Basic Metal Industries, Journal of Scientific and engineering Research, 8(8), 2017, 111-12
- M. N. Buechner. A Comment On The Law Of Supply and Demand, Journal Of Philosophical Economics : Reflections On Economic And Social Issues, 6(2), 2018, 67-80.
- Murjani. Energy Goods Demand In Tabalong Regency: Almost-Ideal Demand System Approach, Journal Kemendagri, 9(2), 2017, 307-319.
- Safiullin L. N,Oduntsofa. J. L, and Safiullin N. Z, The Theory Of Demand In The Condition Of Heterogeneity Of Goods And Consumers, International Conferences on Applied Economics ICOAE (2015), Procedia Economics and Finance 24 (2015), 288 – 295.
- W. Kenton, Demand Curve. https://www.investopedia.com/terms/d/demand-curve.asp. (acces on March 26th 2020).
- M. K. Situmorang, Effect of Consumer Prices and Revenues on Demand for Homes Type 36, Scientific Journal of Masters in Management, 1(1), 2018, 90-98.