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Eric H overmale Econ 101 10/22/2011 Lemonade Stand The goal in this venture was to wangle as much money as you croup at heart 30 days. You were an owner of a lemonade stand. In this high I had complete control over almost e real vocalism of the business, including pricing, quality control, inventory control, and purchasing supplies. The study factor in this game was dealings with the stick out, which was very unpredict able. The weather played a big part when customers firm whether or not to buy. another(prenominal) factor that played a bankroll was the price charged. Customers ar to a greater extent automatic to pay higher prices when the crossing is more in motivation or when the weather was hotter. As the temperature dropped, and the weather turned unhealthful (overcast, cloudy, rain), The customers didnt respond nearly as well.      The other major factor, which came into play, was the customers satisfaction. As I sold the lemonade, the ba ttalion would decide whether or not they desire it, and how much they liked or dislike it.

As time went on, the word would occur around by friends, neighbors, and relatives. Sell a good enough product for a good price, and youll build business over time. hustle for inferior products, and youll be out of business sooner than you think. This was a rather grassroots game but it entailed everything that falls into the lend and demand game in reality. You need to be able to adapt and transfigure in society to stay leading and this simple lemonade game showed that in an easy and understandable way. You can apply these methods in just about anything you do dealing in return and demand.I f you want to get a abounding essay, order ! it on our website: OrderEssay.net

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