Hi Dad. What's up, we have been told to a project for tomorrow so could you please help me with that.
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On The Way Home...
So basically Dad our class will be taken on an educational trip, where we will each sell different fruits on the street for 3 days for our economics unit. Every day we will be taken to a fruit market where we can buy our fruits with a fixed amount of money given to everyone and then we have to go to the streets and sell them to make a profit. This will be repeated for all 3 days. We have been told to be prepared and learn how to profit in a basic and easy business from home. The teachers will be supervising us and it will be a safe trip. Could you please give me some advice? Also, I chose my fruit as Mango as I got to pick first due to my surname starting with an A. I felt that mango is a seasonal, popular, and the king of fruits loved by all, and thought that it would be in high demand.
Great nice choice, now let's understand more about how to make a profit once we reach home.
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Home
The Supply and Demand curves are one of the most basic, fundamental, and important concepts you must know about before starting a business. Let's delve deeper into understanding this topic.