How the price elasticity of demand affects the total revenue?
Total revenue is the sum of all products and services sold. It is computed by multiplying the total number of
Continue readingTotal revenue is the sum of all products and services sold. It is computed by multiplying the total number of
Continue readingAccording to the law of demand, there is an inverse relationship between price and quantity as the price goes up
Continue readingIn this world full of competition and evolving entrepreneurs every now and then someone comes up with the new idea
Continue readingIn a market system, things get settled after combining the individual’s preferences of both sides that is demand and supply
Continue readingThese are buyers and sellers whose interactions in the market decides at what price the demand and supply would meet
Continue readingFor understanding how the thing works in the market system first, we have to have a general understanding of demand
Continue readingSupply is a pattern of seller behavior that shows the amount of product he or she is willing and able
Continue readingIn the Market system, its a buyer .i.e Demanders and sellers .i.e Suppliers whose interaction sets the price and quantity
Continue readingPitching your idea to investors is one of the most nerve wrecking things you will encounter in bringing your business
Continue readingThe Value Proposition Canvas has two sides. The customer profile side allows you to clarify your understanding of the customer.
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