Effect of Increase in the Price of Petroleum and Increase in the Sales of Electric Scooter

Our paper is among the first to measure the potential effect of increase in the price of petroleum vs increase in the sales of electric scooter. With the prices of petrol inching closer to Rs 100 per liter, the demand for battery operated scooters is on the rise as people want to save on fuel cost. As a result, the sale of e-scooters has increased considerably in the city. buyers of two-wheelers are also evincing interest in purchasing e-scooters and making enquiries about vehicles in the local showrooms Okinawa, a large scooter manufacturer in India, recently reported a 30% sales jump in the last quarter alone. The company attributes this largely to the rise in gasoline prices. Without being tied to a pump, electric motorcycle riders are insulated from fluctuating gasoline prices, and can instead “fill up” on much less expensive electricity from any wall outlet.

Analisis Perilaku Biaya Pada Industri Rumah Tangga Tempe Akibat Adanya Fluktuasi Harga Kedelai

Tempe is a typical Indonesian food made fermented soybeans. Tempe is a good source of nutrition because it contains protein, carbodydrates, fat, vitamins and minerals needed by the body. Soybean used to make tempe must be of good quality. Pliken Village is a tempe production center, because it has the highest number of tempe craftsmen in Banyumas Regency. With the increase in soybean prices which have continued to increase lately, the tempe business has decreased due to lack of capital to continue the business. The purpose of this research are to: 1). Knowing the amount of costs, revenues and income before and after increase in soybean prices in the tempe production business in Pliken Village. 2). Knowing the factors that affect the increase in tempe production costs. The researh was carried out in Pliken Village from May 2021 to July 2021. The target of this research is the tempe craftsmen of Pliken Village who produce for one month. The sampling method uses simple random sampling technique and obtained by respondents as many as 81 craftsmen using the slovin formula. The analytical method used is the analysisno costs and revenues, and multiple linear regression analysis. Based on the results of the analysis of costs, revenues and income shows the total cost incurred by the craftsmen before the increase in soybean prices and after the increase in soybean prices is Rp. 11,883,809 per month. Based on the classical assumption test there are factors that affect the increase in production costs such as soybean prices, family labor wages, wages for non-family workers, gasoline prices, and banana leaf prices. While the factors that do not affect the increase in production costs are the price of yeast, the price of plastic and the price of used paper.

Gasoline in the Voter’s Pocketbook: Driving Times to Work and the Electoral Implications of Gasoline Price Fluctuations

Gasoline prices are often a heated topic during presidential election campaigns in the United States. Yet, presidents have limited control over gasoline prices. Do voters reward or punish the president for changes in gasoline prices? Why might voters blame the president for an outcome beyond direct presidential control? This study addresses these questions by testing the effects of gasoline prices on pocketbook retrospection by voters. To capture the personal economic burden of gasoline prices, we rely on average driving times to work, given the inelastic nature of gasoline consumption for commuting. The results provide evidence for pocketbook voting: constituencies with longer average driving times to work are more likely to hold the president accountable for gasoline price increases. These findings have broader implications regarding electoral accountability and rationality in voting.