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Business Environment: Trampoline's Profit Issues, Demand and Supply Concepts

   

Added on  2023-06-17

13 Pages689 Words478 Views
Business Environment

Table of contents
Introduction
Trampoline's profit Issues
Concept of Demand
Factors Affecting Demand
Demand Elasticity
Concept of Supply
Factors Affecting Supply
Supply Elasticity
Conclusion
References

Introduction
Business environment includes the all the
operation which are operating in the
economy in order to analyse the growth of
the business. Economics is defined as the
branch of knowledge related to the
production, consumption and transfer of
wealth. The conditions of the particular
region come under the study of
economics.

Trampoline's profit Issues
As per the BBC news, there are soaring shipping
costs which cause a bounce in the cost of
trampolines in UK as per one of the game retailer.
James Owen is the owner of Outdoor Toys says
that there is adverse change in the high transport
costs and port congestion may high for larger toys
which includes climbing frames, trampolines will
be more expensive so that general people can not
afford them and toy retailer is facing huge
changing in their profitability.

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