economics project

economics project

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  • Sole Proprietorship in Perfect Competition by Tori, Ebony, Bianca, & Amanda
  • I have many different potions for sale. I'm surly to do better than the others in this competitive market.
  • There can be different sellers in perfect competition.
  • I also have many potions for sale but mine are bigger and better!
  • Buyers and sellers must be well informed when selling a product.
  • I don't have a variety but it comes in a large quantity and is better then both of your potions!
  • In sole proprietorship the owner is in control of all parts of the business. they also get to keep all profits. However they have all the responciblity and if something like they are sued or a company they work with closes they can loos everything.
  • WOW, selling these potions is harder than expected. I've only sold one thing.
  • HA HA HA losers, i've sold many potions!!
  • Buyers and sellers are also able to leave at any time.
  • Oh man, i guess i should have had more then one type of potion. I haven't sold any. Im leaving this market, its too competitive. 
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