By: Brandon Stroud, Hugo Montes, Rigo Ramirez, Josh Wabuke.

Slides:



Advertisements
Similar presentations
Determining the correct price
Advertisements

Quick Money Wendy Rohrer Summit Credit Union. Who uses payday loans? Lower to middle class households Household Income $25,000 - $50,000 40% own their.
1. Write an Excel formula in cell Survey
Shelley’s Doggie Daycare Chandler’s Doggie Daycare.
1 Producer Surplus When producers sell products in the market they may receive more than the amount they needed to receive to supply a unit – they receive.
Chapter 3: Government Intervention
Both Accrual and Cash Systems Used in Accounting are Inadequate for a Weekly Report on Marketing Performance Ted Mitchell.
“Where your Plants are in our Hands”
6.02 Understand economic indicators to recognize economic trends and conditions A Describe the economic impact of inflation on business Understand.
YOUR FINANCIAL FUTURE REVIEW. CREDIT & DEBT COSTS OF USING CREDIT  Interest can be costly when the balance is revolved  Additional penalty or fees 
Dog Pound and Supply Place Ashley Neumann. Take Me Home Pounds main goal is to provide shelter to stray and abused dogs until they are found a safe home.
Objectives of chapter 2: Market demand Market supply Market equilibrium Chapter 2: Supply and Demand Chapter 2 by TITH Seyla1.
The movement of spending and income throughout the economy.
1. 2 Recap from Marketing Planning What one thing must your business have in order to be a business?
Chapter 7 Profit Maximization and Competitive Market.
4 Market Structures Candy Markets Simulation.
Little Buddy Pet Sitting
Credit Policies Is this an issues for most Funeral Homes? Why?
MARKETING PLAN Raghav. Market Summary  Market: Past, present, and future  Review changes in market share, leadership, players, market shifts, costs,
 Financial snapshot of what company owns and owes at any point in time  Start-ups usually project for opening day and at the end of the first year 
LCJSMS WE THE STUDENTS 8 TH GRADE 2013 Economics.
Chapter Ten: Markets for Labor. Labor in the Traditional Neoclassical Model.
ECONOMICS FREE ENTERPRISE SYSTEM & SUPPLY AND DEMAND.
P E T S. THE BASIC NEEDS OF PETS food water food water shelter love shelter love.
Pet Tails Unmet need  No easy source of traveling pet care for most areas in Connecticut  There is no personalized pet care that can be scheduled around.
Buddy Box Nick Poist and Josh White Worcester Technical High School 1/6/14.
MS. MAH PLANNING 10: FINANCES Saving Your Money. By identifying your needs vs. wants you can potentially save your hard earned money by not spending it.
The Netherlands Are they living in poverty?. Population  The Netherlands have a population of 16,531,294 (2009).  They have a dense population of about.
Mini Society Review Test on May 7, What is the name for the thing you give up when you choose something over it?
Understanding the circular flow of income. HOUSEHOLDS RESOURCE OWNERS Business firms Money payments Income payments Wages, Rent, Interest, Profits Consumer.
Inlet Isles Marketing Project Presented by: Mandi Madoche Caitlin Towle Jesse Sharp.
1 Income Statement. 1.Buying a horse (for me!) 2.How much did I pay? 3.What do I have invested in it? 4.What to sell it for? Simple Transaction.
Visitors Sales Lead Portal with property Conversion rate 1% All about Real Estate portal Property owners Real Estate Agents Portal people.
Supply. Quantity Supplied Amount of any good or service that sellers are willing and able to sell Law of Supply: Other things equal (ceteris paribus),
SUPPLY AND DEMAND INTERACTIONS. OPERATION OF A FREE MARKET SYSTEM  Choosing how to best handle scarce resources is a challenge for many markets. Decisions.
6.6 Analyze Surveys and Samples MM1D3c: Understand that a random sample is used to improve the chance of selecting a representative sample. Unit 4: The.
Fresh Food Fair Home Delivery Service Fresh from Us to You Fresh from Us to You.
Short-term or Immediate Goals  Create a product  Sell and / or distribute product  Earn a profit  Staff appropriately  Fix problems  Keep all the.
Supply A relation showing the quantities of a good producers are willing and able to sell.
1 © ©1999 South-Western College Publishing PowerPoint Slides prepared by Ken Long Principles of Economics 2nd edition by Fred M Gottheil.
THE CIRCULAR FLOW OF INCOME The movement of spending and income throughout the economy.
SSEMI2 THE STUDENT WILL EXPLAIN HOW THE LAW OF DEMAND, THE LAW OF SUPPLY, PRICES, AND PROFITS WORK TO DETERMINE PRODUCTION AND DISTRIBUTION IN A MARKET.
Law of Demand ~ the amount of a product people will buy at different prices $20 $18 $16 $14 $12 $10 $8 $6 Demand Curve (D)
Budgets and Businesses Workshop. Budget: is a plan that shows income, spending and saving. Income: Spending: Saving:
derivative bears roses A manufacturer has been selling 1000 television sets a week at $450 each. A market survey indicates that for each $10 rebate.
© Thomson/South-Western ECONOMIC EDUCATION FOR CONSUMERS Slide 1 Consumer’s Role in the Economy Objectives: By the end of class, students will be able.
Expenses. Food Like humans, dogs need to eat. Generally, dogs feed on dry food. A mixture of wet food and fresh food can be mixed into the diet to nourish.
Sales and Promotion MAKE CENTS - FACTORS AFFECTING SELLING PRICE.
 If a company is publicly traded then it is on the stock market  This means that the public can invest in the company with ease  Investments can be.
Sell Your Art
Water Awareness Global Freshwater Resources
Lecture 1 Learning Objective
Fresh Food Fair Home Delivery Service
Supply Graphs How do they change?.
Linear programming.
Linear Inequalities Applications
EOCT Review Microeconomics.
السيولة والربحية أدوات الرقابة المالية الوظيفة المالية
Factors of Production Businesses need four main things to PRODUCE an item that we WANT or NEED. You have 20 minutes to create a foldable on the FACTORS.
The Circular Flow Model
Virtual Business Challenge
Supply & Demand # 5 What is Supply?.
Analysis of the Financial System and the Economy
Performance Evaluation for Decentralized Operations
A budget is a plan for your money.
1. The price of the hat should be $6 if they want to make maximum profit. The profit would be $15,400.
Solvig Inequalities.
Unit 3 Microeconomics Review Game SSEMI1-3.
ECONOMICS UNIT #2 MICROECONOMICS
Presentation transcript:

By: Brandon Stroud, Hugo Montes, Rigo Ramirez, Josh Wabuke

 Water Shortage and Evaporation  Vitamins  Visibility

 Automatic Refilling

 Immediate Nourishment  Easy and Convenient

 Easily Found  Self-Sustaining

 Most of the males were earning an income of about $40,000 annually and most were of the age of 30 years and above.  They were willing to spend $30 or more for the dog bowl which would give their pets a constant supply of fresh water.  Most of them had a medium sized pet which spent much of their time outside allowing this water bowl to be very convenient during the summer.  Our survey also shows that 93% of the people that did the survey were home owners.  Our survey also shows that 57% of the population were interested in owning pets because of our new product on the market.

 We are going to stay within our price range and we can expect to sell about 45 a week and maximize our profit.  Our expense to make this product would be $30 so we will charge $49.99 leaving us with a profit of $19.99 thus $ per week.  66% Profit