UK Food Supply Challenges in 2020

UK Food Supply Challenges
in 2020

EXECUTIVE SUMMARY
As per the report has been covered the study of UK food supply challenges that faced in
2020. Specific problems arise from the closure of the part of catering sector and the lack of I
delete DN redistributing supply in the retail sector outlets and the food sector. there are some
challenges that are faced by the supply chain and food management covers the challenges in
packaging availability, Requirement of labelling and logistic leading to increase the losses in
food industry. Cover 19 also has huge impact on the significant losses and supply chain
management of food industry and some long term food issues.

Table of Contents
INTRODUCTION...........................................................................................................................4
TASK 1............................................................................................................................................4
Explain law of supply along with moment in supply Curve and Shift in supply curve..............4
Explain law of demand along with moment in demand Curve and Shift in demand curve.......7
Explanation of equilibrium price and quantity and how equilibrium shift with the supply and
demand cause shifts.....................................................................................................................8
Explanation of Shortage and surplus With the examples............................................................9
Task 2.............................................................................................................................................10
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
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INTRODUCTION
In the economics Supply and is the relationship between quantity over commodity that
producers have wished to sell at the various price and the quantity that customers wish to buy.
The price of community is totally determined by the interaction of supply and demand of product
and services within the market.
This report will cover the study of UK food supply challenges that faced in 2020.
Specific problems arise from the closure of the part of catering sector and the lack of I delete DN
redistributing supply in the retail sector outlets and the food sector. there are some challenges
that are faced by the supply chain and food management covers the challenges in packaging
availability, Requirement of labelling and logistic leading to increase the losses in food industry.
Cover 19 also has huge impact on the significant losses and supply chain management of food
industry and some long term food issues.
TASK 1
Explain law of supply along with moment in supply Curve and Shift in supply curve.
According to the curious by the Krugman and wells Explain the law of supply and
demand. the law of supply and demand is the theory that helps to explain the interaction between
the seller of Goodson services and the buyer for that resources who want to buy (Power., and
et.al., 2020). The theory defines relationship between the price of given goods and products and
the willingness of people either by or they should sell it. Generally the price of good sense
services increase when the people are willing to supply more and demand less and vice versa
when the price falls.
The principles of demand and supply
 The law of demand says that the higher the price buyer will demand less of the economy
good. It is because product ours cell by salary is higher then people will prefer to not to
buy good sense services.
 On the other side love supply says that if the price of product and services is higher, seller
will supply more Goodson services in the economy.
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