Economic Storyboard
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- A new bluetooth charging device is taking over the electronics market. The product is called BluCharge.
- BluCharge Inc.
- Have you heard of the new charging device, BluCharge!! I got one the other day and I love it.
- I have not. I'll check it out though because my corded chargers keep breaking.
- Our chargers are blowing off the shelves, we don't have enough products to fit the demand from our customers.
- The CEO's of BluCharge met to discuss an internal problem that needs an immediate resolution.
- Hmmmm. We should start supplying more units to meet this demand. That should solve the problem!!
- The cicled portion is where BluCharge is with supply and demand. The CEO's think that if they can shift the graph to the right a little bit, they will be able to meet the demands of their customers by having enough supply
- That solved our problem perfectly!! However, we aren't making enough profit.
- We could shift our graph up to receive more profit while also keeping a necessary amount of supply!!
- With this change in approach, BluCharge will be able to thrive for many years to come!
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