Supply And Demand for Drycleaners

摘要

Imagine that your plant is one of four at an intersection in a major city. All four operations give good service for a good price, but all four are struggling. You hear through the grapevine that Cleaner B is going to fail. For his sake, you hope that failure comes swiftly. Why can't all of you be successful? If B fails, won't someone else just move in? Won't the "bleeding" start over? Economic basics can help us understand business circumstances such as these, which many cleaners are experiencing today. Supply and demand curves are devices that help us visualize the price-determination process. Understanding factors that make these curves shift helps predict the outcomes of scenarios we cause. These are the fundamental principles of a market-driven economy and capitalist society.