Factors that affects high supply of your products

cherry123

Popular
Member
Sep 5, 2022
27,430
2,611
Dex
$0.201
Raw Dex
$0.100
You would be restricted to supply your products in high volume because of the following factors.

The price of the goods, the higher the price the higher the supply too

The price of related goods can either bring high supply or low supply

if the production conditions is favorable there will high production which will lead to high supply.

The number of suppliers also determine the supply level of a product.

Add yours
 
AgoraForo - Digital Marketplace & Freelancer Forum

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,815
318
Dex
$0.000
Raw Dex
$0.000
The prevailing economic condition determine how much you should produce and supply. If the economy is in recession, you would have to cut down on your supply.
 

cherry123

Popular
Member
Sep 5, 2022
27,430
2,611
Dex
$0.201
Raw Dex
$0.100
You are right the economic condition or situation of each country determine how much one should produce and supply. If the economy is bad, then one would have to cut down on your supply
 

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,815
318
Dex
$0.000
Raw Dex
$0.000
It is like when the cash crunch was biting hard in our country, I told people that were not selling essential products and services to cut down because demand would drastically reduce.
You are right the economic condition or situation of each country determine how much one should produce and supply. If the economy is bad, then one would have to cut down on your supply
 

Shavkat

Very Familiar
Member
Sep 7, 2022
13,631
947
Dex
$0.515
Raw Dex
$0.003
The prevailing economic condition determine how much you should produce and supply. If the economy is in recession, you would have to cut down on your supply.
It is also affected by the current country's economy. If the taxes are too high, it would be difficult for the sellers to impose high prices. That is why to avail all their items from the wholesalers.
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,197
565
Dex
$4.000
Raw Dex
$0.017
I think this takes us to the law of demand and supply. Which clearly states that the higher the demand the higher the prices, Therefore you would be required to supply in large quantities at very cheaper prices.
 

IB D

Well Known
Member
Jan 6, 2023
5,433
194
Dex
$0.000
Raw Dex
$0.001
The ease in conveying your products from one place to another also affects the supply of your products. If it is easy to convey, the supply would be high.
 

Heatman

Team Lead
Member
Jun 14, 2022
5,831
301
Dex
$0.000
Raw Dex
$0.020
You are right the economic condition or situation of each country determine how much one should produce and supply. If the economy is bad, then one would have to cut down on your supply
Although right now in my country, the inflation we have is affecting all businesses. We still make profit but it's not much.
 

Bisolami

Very Familiar
Member
Sep 19, 2022
17,833
1,538
Dex
$0.000
Raw Dex
$0.078
You are right the economic condition or situation of each country determine how much one should produce and supply. If the economy is bad, then one would have to cut down on your supply
The bad economy will definitely affect the supply of products and I think that is a normal
 

Magnus2022

Notable
Member
Nov 25, 2022
4,080
333
Dex
$0.000
Raw Dex
$0.080
It is like when the cash crunch was biting hard in our country, I told people that were not selling essential products and services to cut down because demand would drastically reduce.
The cash crunch is still biting seriously. Though, there is gradual improvement. But a lot of people are suffering unnecessarily. This Nigeria government is worst I have ever seen since I was born.
 

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,815
318
Dex
$0.000
Raw Dex
$0.000
The cash crunch is still biting seriously. Though, there is gradual improvement. But a lot of people are suffering unnecessarily. This Nigeria government is worst I have ever seen since I was born.
I don't even bother going to the bank. I just do mobile transfers to pay for goods and services. The kind of queues I see on banks everyday are terrifying. I hope this issue would gradually die down.
 

cherry123

Popular
Member
Sep 5, 2022
27,430
2,611
Dex
$0.201
Raw Dex
$0.100
inflation is so affecting our supply of things right now Almost everywhere the inflation is really affecting all businesses. But good that people are still making profit though not much.
 

Niyi Briggs

Well Known
Member
Nov 27, 2022
7,815
318
Dex
$0.000
Raw Dex
$0.000
inflation is so affecting our supply of things right now Almost everywhere the inflation is really affecting all businesses. But good that people are still making profit though not much.
It is not just affecting sellers. It is also affecting customers as the money they have can't buy much any longer. That's why patronage has dropped for most goods. Only food is having high demand
 

cherry123

Popular
Member
Sep 5, 2022
27,430
2,611
Dex
$0.201
Raw Dex
$0.100
Yesh I agree it is affecting both ways now the sellers and even the customers as you have stated even the money they have can't buy much any longer. it is really devastating
 

eldavis

Very Familiar
Member
Sep 4, 2022
15,035
664
Dex
$0.000
Raw Dex
$5.785
The quality of your products also plays a very important role as well. Its pretty hard to get money these days, so people always want to make sure they get the best when they pay for something.
 
Back
Top