Posted: June 8th, 2022
Sally Thomas is an entrepreneur. She makes hand-made quilts and sells them at craft shows and at her home studio. Below is a market supply schedule she constructed. Answer the questions that appear below it.
|Price per quilt||Quantity Supplied Per Month|
Now think of something you might be able to make and sell. Construct your own individual market schedule. List five prices and the quantity you would supply at each price. As you do this, remember to consider how much time you have available because you still need to be able to keep up with your school work and other activities. At the same time, consider how much money you will be making on each and what your financial goals might be. Be sure to provide a description of the item you would supply as well as a paragraph describing three factors that most likely will influence the supply of your item. Include an explanation of how each factor might influence your decision on how much to supply of the item.
Place an order in 3 easy steps. Takes less than 5 mins.