Supply Demand
Storyboard Text
- The man who killed his golden hen was set free and in search for a new profession ..just then he overheard two men talking
- Eureka! I must buy mangoes and sell them for a profit!
- My wife has warned me to not come home without mangoes
- Whhhat...but mangoes are at the price of gold, everybody wants one!
- Mangoes for 150$ per kg
- So he stocked some mangoes and started selling at the marketplace and soon made good profits by meeting huge demand
- OMG! This is good business
- 150$ kg
- Whhhat..but mangoes are at the price of gold. Everybody wants one!
- Mangoes 150$
- Mangoes for 300$ per kg
- MANGO FESTIVAL 2022
- Hmm..I should be making more money than them..lets increase price
- 150$ kg
- Mangoes 150$
- 3 Days later
- Mangoes for 300$ per kg
- Why is there no customer at my stall.... it was going well a few days ago,
- Soon all the mangoes in his stockpile were rotten and he was out of business due to no demand
- Mangoes for 300$ per kg
- Where did I go wrong?
- Common..you increased the price without adding any value. This led to decline in demand. Your supply was useless!
- Dad! Can I get extra allowance from this month?
- Price effects supply and demand