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Handmade Shop_Love Train - Handmade Shop Group 1 Tutorial 5...

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Handmade Shop Group 1 Tutorial 5 FB Tutor’s name: Nguyen Minh Anh Group members: 1. Le Thi Kim Anh 3. Dang Thi Thu Huong 2. Nguyen Thi Thu Ha 4. Hoang Thu Nga
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Contents CONCLUSIONS COSTS TAX ELASTICITY INTRODUCTION
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INTRODUCTION Group topic: Selling handmade products Reason for opening shop: - Meeting the expectation of unique-products-hunters - Making the most use of talents Name of shop: Love Chain
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Background information Location: Phung Khoang Street Capital: 30 million Target customers: Youngsters (students, ….) and stationery shops Number of employees: 4 - 1 shipper - 3 employees (making handmade products & selling)
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Background information Main product: Key chain
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Consumers’ preferences Consumers’ preferences Number of consumers in the market Number of consumers in the market Price of closely related goods Price of closely related goods Factors affecting demand
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Price P1 P2 Q1 Q2 Quantity of handmade product S D Price factor Price of input A movement along the demand curve
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