Microeconomics and the Rising Trampoline Prices

Economic Concepts and
Model

Table of content
• Introduction
• Rising Trampoline prices
• Concept of microeconomics
• Demand and supply
• Market Structure
• Conclusion
• Reference

INTRODUCTION
The term economics is used by governments,
organizations and nations to designate constrained
assets between the infinite necessities and needs of
the population in a productive and feasible way. It
helps to dissect past, present models and decide on
future models

Rising Trampoline prices
The BBC article shows that the cost of trampolines has risen by
about half as a result of the expansion of its delivery costs,
which in a roundabout way affects the benefits of UK regions,
value versatility and value flexibility of supply. James Irwin,
owner of Outdoor Toys, reflects the expansion rate of large
outdoor play items such as trampolines, climbing boxes and
swings due to increased shipping costs and blocked delivery
ports.