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Understanding Business Environment and Microeconomics: A Study on Trampoline's Profit Issues, Law of Demand, and Factors Affecting Demand and Supply

   

Added on  2023-06-08

18 Pages1157 Words296 Views
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Business environment
Understanding Business Environment and Microeconomics: A Study on Trampoline's Profit Issues, Law of Demand, and Factors Affecting Demand and Supply_1

Table of contents
Introduction
Trampoline's profit Issues
Concept of microeconomics
Law of Demand
Factors affecting demand
Elasticity in demand
Supply
Law of Supply
Factors affecting supply
Change in supply curve
Conclusion
References
Understanding Business Environment and Microeconomics: A Study on Trampoline's Profit Issues, Law of Demand, and Factors Affecting Demand and Supply_2

Introduction
It is known to be the combination of every factor which
is available that is basically meeting to the commercial
businesses and it also influenced the whole operating of
the organization. In addition to it there are several type
of the stakeholders of the commercial businesses which
are suppliers, legal authorities, consumers and other
elements are technological aspects, culture and various
more.
Understanding Business Environment and Microeconomics: A Study on Trampoline's Profit Issues, Law of Demand, and Factors Affecting Demand and Supply_3

Trampoline's profit Issues
As per to the commercial television broadcaster BBC the
price of delivery which is the main reason of enhanced
rates of the trampoline and it will get affected the other
retailers of game as well. The owner of the trampoline
producer basically states that there are the crucial alteration
in the cost of transportation as well as of the congestion in
the port can be the reason for the high prices of the
climbing frames as well as of the big size toys.
Understanding Business Environment and Microeconomics: A Study on Trampoline's Profit Issues, Law of Demand, and Factors Affecting Demand and Supply_4

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