Report on Maersk (f) Research Paper Example | Topics and Well Written Essays - 1250 words

Report on Maersk (f) - Research Paper Example The above table 1 clearly shows that the highest price is US$ 3,064. The price occurred when Maersk supplied 8.5 FFE volume tons to its customers during 2010. The supply curve also indicates tha the company’s lowest price is US$ 2,370. This price occurred when Maersk supplied 6.9 FFE volume tones to its customers during 2009. The same curve also indicates that the other prices of container shipping orders supplied to customers that occurred in 2013, 2011 and 2012and were between the US$3,064 to US$2,370. Graph 1 shows the Maersk Supply curve (Boyles, 2010). The above graph 1 clearly shows that the highest price occurred at US$ 3,064 when Maersk supplied 8.5 FFE volume tons to its customers. Likewise, the above graph indicates company’s lowest price is US$ 2,370 when Maersk supplied 6.9 FFE volume tones to its customers during 2009. Table 2 clearly shows that the demand information of Maersk (Boyles, 2010). Maersk purchases its container shipping needs or demands from different suppliers. The above table 2 clearly shows that the highest price is US$ 3,289.71. The price occurred when Maersk purchased 6.9 FFE volume tons from its suppliers during 2009. The supply curve also indicates that the company’s lowest demand price is US$ 2,673.29. This price occurred when Maersk purchased 7.3 FFE volume tones to its customers during 2010. The same curve also indicates that the other prices of container shipping orders supplied to customers that the remaining prices were between the US$3,289.71 and US$ 2,673.29, during 2011, 2012 and 2013 Further, the Graph 2 clearly shows that the highest price is US$ 3,289.71. The demand price occurred when Maersk purchased 6.9 FFE volume tons. The supply curve also indicates that the company’s lowest demand price is US$ 2,673.29. This price occurred when Maersk purchased 7.3 FFE volume tones (Mankiw, 2011). Derived demand. The derived demand is the demand for one product in relation to