Microeconomic Concepts and Market Structure: Impact on Trampoline Prices

Economic concepts and
models

Table of content
 INTRODUCTION
 MAIN BODY
 Discussing main arguments related to article by taking use of micro economic concepts.
 Explaining the theory of demand & supply and market structure
 CONCLUSION
 References

INTRODUCTION
The term business environment is related to sum total of
numerous factor that impacts on business functionality in target
market. In the market economics is related to study of demand
and supply, elasticity and several market structure which have
contribution in enhancing economy. The importance of
economics helps in determining prices and stability. The
presentation covers issues to sour prices of trampoline in market
(García-Martínez, and et.al., 2019). This also covers detail
concept of micro economic concepts which involves demand &
supply, elasticity of demand, different market structures.