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Business
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| Number of pages / Number of words: |
3 / 685 |
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"Substitute good refers to an item that can be used in placed of another item" (McConnell & Brue, 2004, pg. 44)
Demand is how much people want or need your product or services.
Supply is how much of the product or service that you have available.
When the Nintendo Wii first came out, the demand was huge but the supply limited...
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When we first learned that Nintendo was coming out with a new game system, my husband and I were not too excited about it but when we saw the advertisements and read reviews for it, we were getting hyped up for the release. When the game system was finally released, the inventory was limited to every store which made it difficult to purchase...
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