According to Tucker (2013), the law of supply happens when there is a “direct relationship between the price of a good and the quantity sellers are willing to offer for sale.” (p. 56). For instance, when the need to purchase lemonade is high, then the price and supply of the lemonade are increased. When the need to purchase lemonade is low, then the price and have the lemonade decreases in order to get rid of the remaining supply of the lemonade. The price of ingredients and inventory loss are examples of the non-price factors of supply in the game. For example, “cheaper made” lemonade, which means when the player using less of the ingredients resulting in a cheaper production cost, causes an increase in supply, the supply curve shifts to the right. The player of the game also experiences different inventory losses that affect the supply. For example, the player can experience lemons becoming rotten or spoiled and/or customers complaining about bugs being in their lemonade. Ultimately, the final outcome of the supplies and whether or not the supplies go bad or are not responsible for lowering the
According to Tucker (2013), the law of supply happens when there is a “direct relationship between the price of a good and the quantity sellers are willing to offer for sale.” (p. 56). For instance, when the need to purchase lemonade is high, then the price and supply of the lemonade are increased. When the need to purchase lemonade is low, then the price and have the lemonade decreases in order to get rid of the remaining supply of the lemonade. The price of ingredients and inventory loss are examples of the non-price factors of supply in the game. For example, “cheaper made” lemonade, which means when the player using less of the ingredients resulting in a cheaper production cost, causes an increase in supply, the supply curve shifts to the right. The player of the game also experiences different inventory losses that affect the supply. For example, the player can experience lemons becoming rotten or spoiled and/or customers complaining about bugs being in their lemonade. Ultimately, the final outcome of the supplies and whether or not the supplies go bad or are not responsible for lowering the