Supply Demand

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

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