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Supply & Demand Comic Strip

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Supply & Demand Comic Strip
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  • Hello, everyone. I've called this meeting because we have some problems arising in our business.
  • I suggest that we order some more of the fabric that we normally get from our suppliers in bulk to beat out the others in this competitive market.
  • The demand for our new and improved sweatpants has been through the roof lately, and we need to come up with a strategy to get ahold of it. 
  • I think that is the best thing to do in this case because the more we sell out of the sweatpants, the higher demand becomes which raises the prices as well. 
  • There is absolutely no need to fret when it comes to the success of your business. As long as you stay ahead of your competitors and maintain the quantity, quality, and price of your product- your business will have very long-lasting success.
  • That is very true, and that is what we don't want to happen.  The market is becoming extremely competitive and we want to keep our business afloat.
  • I've called in our data manager here to discuss the demand curve with this rise in sweatpants sale.
  • Yes! This graph is showing that as the demand for your brand of sweatpants is rising, it is causing the price to rise right along with it. 
  • Along with the demand curve, their is a supply curve as well. Because you guys sell your product at such a reasonable price, it causes the quantity of your supply to be limited because of the number of sales.
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