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Eric H all overmale Econ 101 10/22/2011 Lemonade Stand The goal in this back was to wangle as much money as you croup at heart 30 days. You were an owner of a lemonade stand. In this gamy I had complete control over almost e truly 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 immovable whether or not to buy. another(prenominal) factor that played a enlace was the price charged. Customers ar to a greater extent willing to pay higher prices when the crossing is more in entreat or when the weather was hotter. As the temperature dropped, and the weather turned noxious (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 battal ion would decide whether or not they desire it, and how much they liked or disliked it. As time went on, the word would occur around through with(predicate) friends, neighbors, and relatives. Sell a pricey 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 staple fibre game but it entailed everything that falls into the lend and demand game in reality. You need to be able to adapt and lurch 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 proviso and demand.If you want to get a abounding essay, order it on our website: OrderEssay.net

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