Please enable JavaScript.
Coggle requires JavaScript to display documents.
BRAINSTORMING - Coggle Diagram
BRAINSTORMING
Q2. What if most people decided they suddenly preferred jelly beans instead Hide & Seek?
H.S will be less in demand so they will not be able to earn much profit.
H.S will be in surplus but no customers are ready to buy the available stock.
There will be a shortage of J.B
If there is a situation where people may stop buying H.S totally, sellers would stop selling hide & Seek.
Sooner J.B will be out of stock.
Shopkeepers would replace the stock of H.S with J.B
Sellers of J.B will earn more profit.
In future, H.S will decrease their price to push the demand and J.B will increase their MRP as they already have lot of customers who are ready to buy.
Q1.What if the price for your favorite chocolate bars was decreased by 50 Rs?
Supply of the chocolate will also be increased to meet the public demand.
Reduce the quality of the chocolate to make choco bars in less time
Demand of the chocolate bar will go up among people
In future, When they have a good customer base, they may raise the price of the choco bar.
Producers will have to make more chocolates
More customers will be attracted
Q3. What if bad weather affected tomato crops?
Demand will be more but due to bad weather the supply will be less.
It will go out of stock quickly
There will be a shortage of tomatoes in the market.
The quality of available stock of tomatoes will not be as good as normally.
Farmers will have less tomatoes to supply, hence the price will go up.
Farmers and sellers won't make much profit.