EWOT
I went to Marketplace yesterday to get some winter clothes. When I walked into the store, the first caught my eye is discount on summer clothes like shorts. It is almost winter now, people's demand for winter clothes increases, and the demand for summer clothes decreases. Sellers think about the expect benefits and costs and decide to sell summer clothes at a lower price instead of leaving them in stock. On the other hand, the supply of summer clothes increases with a lower price and supply of winter clothes decrease at a higher price.
Comments
Post a Comment