Supply and Demand: Tamia's Tater Tots

Supply and Demand: Tamia's Tater Tots
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  • Hi, my name's Tamia and I sell tater tots. To make some money I have decided to sell an average size for $3.50.
  • Tamia's Tater Tots $3.50
  • Why is no one coming to my tater tot place????
  • Wait! It must be because of the other tater tot place down the street. Taters by Toni. I better go see what the fuss is about.
  • Tamia's Tater Tots
  • Tater tots only $1.50!!
  • Taters by Toni
  • Woah, his business is booming! Maybe I should lower my price and make better tater tots, that way people will come eat my food.
  • Wow, so much for so little!!
  • Okay, I didn't think that would work. Yikes! I didn't expect this many people. I have to buy more potatoes for my tater tots because I'm starting to run out.
  • TATER TOTS ONLY $1.75!!!!
  • With this supply, I will be able to meet the demand of the people.
  • Potatoes
  • Potatoes
  • Awesome! I have reached an equilibrium and have enough tater tots to feed everyone!
  • Tamia's Tater Tots $1.75
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