Journal of Humanities and Social Studies
Vol. 2 No. 04 (2024): NOVEMBER 2024

STRATEGY FOR DETERMINING BEEF COMMODITY PRICES IN CONDITIONS OF FLUCTUATING US DOLLAR EXCHANGE RATE AGAINST THE RUPIAH USING A QUADRATIC EQUATION

Ambarita, Nita Priska (Unknown)

Article Info

Publish Date
15 Nov 2024

Abstract

Beef is a food commodity whose needs are mostly imported from other countries, so its selling value is greatly influenced by the US Dollar exchange rate. When the dollar exchange rate increases, sellers must adjust the selling price to avoid losses. The level of price elasticity of demand and changes in exchange rates are two variables that determine the price of beef. In this research, a model of changes in selling prices will be presented regarding the level of price elasticity of demand and changes in exchange rates in a simple quadratic equation model.

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Journal Info
Journal of Humanities and Social Studies
Website

Abbrev

HJ

Publisher

Media Inovasi Pendidikan dan Publikasi

Subject

Religion Agriculture, Biological Sciences & Forestry Humanities Economics, Econometrics & Finance Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Social Sciences Other

Description

JOURNAL OF HUMANITIES AND SOCIAL STUDIES is a journal that uses a double-blind peer review model that can be accessed online. The purpose of HUMAS JOURNAL is to publish a journal containing quality articles that will be able to contribute thoughts from a theoretical and empirical perspective in ...