GRASPS MARKET REPORT (ZOOM IF NEEDED)

PG 1

Y: KAVYAMADE ON GOOGLE SHEETS AS A PRODUCER

WHAT EACH PRODUCT INCLUDES:

Stabilo highlighter ---> 5 pens per pack
Mechanical Pencil ---> 1px: 2pc pencils, 1px lead, 2pc eraser
3M Post-it Notes ---> 1px: 5 pads, 90 notes per pad
15cm Ruler ---> 15cm long, good high quality metal
Casio Scientific Calculator ---> n/a

3 PRODUCTS OF FOCUS & WHY CHOSEN:

STABILO 3M POST-IT CASIO SCIENTIFIC
HIGHLIGHTER NOTES CALCULATOR

The well known ‘Stabilo’
stationary brand is known for its
long lasting high-quality
stationary, no matter what you
buy. Specifically, Stabilo is best
known for it’s highlighters,
having any colour you can
imagine. Due to the good stakes
of this brand, I decided that I
could possibly sell good
amounts of this product to
students in this school, for the
purpose of highlighting areas of
text, etc.
The brand ‘3M’ is known Although this product may be
for producing many strictly directed towards content
stationary equipment, or with math required, the brand itself,
rather most products with Casio, is a great brand for Scientific
a ‘sticky’ surface. I Calculators, for any math problem
you are doing. People in
decided to sell ‘3M’s Post-
Universities have used this product,
it’ notes to the Uplands although in our school, it is used for
Community for better those who are in IGCSE & IB.
convenience to not only us Hence, it has also been
students but even to recommended by these boards
teachers/staff for easy and even for their final exams. As I was
quick access to note- selling this product to the New
IGCSE students of Year 10, I
taking, etc.
thought it would be a great product
to sell, and do well on.

OUT OF ALL 5 PRODUCTS IN MY INVENTORY

TABLE, THESE 3 PRODUCTS WERE THE MOST
SIGNIFICANT TO ME
 (ZOOM IF NEEDED) PG 2
THE STABILO HIGHLIGHTERS
This is a graph to represent my success of selling
Stabilo highlighters. I was able to sell 2 packs of this
product, both for a price of RM 23.25. Though my
proposed number for this product was 3 to be sold, I
was able to sell just 2. The market equilibrium in this
scenario is when the Supply and Demand is equal.
So with a price of RM23.25 (P2), and selling 2
products(Q2), I have reached and found my market
equilibrium. I have also a hypothetical scenario if I
had my selling price as the buying cost. If I had done
so, I would have been able to sell 1 extra product (3
in total), and the ‘new’ market equilibrium would be
between P1 and Q1. As shown on my graph, if this
were the case of the new market equilibrium between P1 and Q1, this would cause a rightward
supply shift. The causes of this shift would be because the production cost has increased(from
selling 2 products to 3), and a shortage of salary between S1 and S2, which then would cause less
quantity production. This means that the price increases with less supply available, although the
demand stays the same between both P1 & P2 and S1 & S2. I am most definitely proud of the
success of how I have sold this following product. Of course, I was unfortunately unable to reach
my goal of selling 3 products, although from the points I had mentioned earlier if I HAD sold 3 packs
of highlighters, I would not be doing so well financially in the future. With this in mind, I was able to
make a profit of RM29.25, by selling 2 packs of Stabilo highlighters.

THE 3M POST-IT NOTES

The following graph shows the demand and supply
graph of 3M Post-It Notes. The Y axis represents the
price of 3M Post-It Notes, while the X axis represents
the quantity of 3M Post-It Notes. My initial aim
(proposed numbers) was to sell 2 packs of high-
quality Post-it notes, though went further and was
able to sell 3 packs instead for RM12.47 each. The
buying cost of this product was RM9.37, though was
able to sell the post-it notes for RM12.47 instead,
with no negotiations required. Of course, my
customers were initially confused as to why 3M
post-it notes were priced at such absurd amounts.
However, I was able to explain to my customers who
bought the product that the paper of the notes were
very high quality, with the package including 5 pads with 90 notes per pad, per pack. With this deal,
including any colour of the customer's choice, I made 3 successful customers happy. The market
equilibrium in this scenario was when the demand and supply lines were seen to be equal. In this
case, this was between P2 and Q2, where I sold 3 products for RM12.47. This has resulted in a
stable and balanced market. If you are wondering how; if I had chosen to sell my Post-It’s for the
buying cost of RM9.37, though the production cost would have been less than what it is currently,
the quantity of my products sold would have been decreased as shown while comparing Q2 &
Q1(on my graph). -Specifically shown as the ‘hypothetical’ market equilibrium price of P1 & Q1.
In conclusion, I was successfully able to make a profit of RM28.40 for the following product. This
was also a great choice for me to sell Post-it notes, and I am indeed very pleased with the
outcome of what I have managed to sell for this product.
 (ZOOM IF NEEDED) PG 3
THE CASIO SCIENTIFIC CALCULATOR
This graph simply represents the demand and
supply lines for Casio’s Scientific Calculators. I
sold 2 of these calculators for RM55.15 each with
no negotiations made. I was very pleased with the
outcome of this specific product, as my
initial/proposed number for this product was 2
and I was able to achieve this by selling the same
amount of 2. Hence on my graph, it is shown that
P1 and P2 have the same quantity point of Q1/Q2.
I am not only proud of the amount of products
sold, but also of the fact that the buying cost was
RM 34.99, and was able to successfully increase
my price to RM55.15 with no negotiations. This is
a fairly simple graph to understand and explain,
as if I had kept my selling price as the buying cost
of RM34.99, I would have sold the same quantity
of calculators for which I had the price of RM55.15
for. This means that the production cost is
constant, and the same, even when I had
increased my price by about RM20+. The market
equilibrium reaches the same(is equal) at the
point P2 & Q1/Q2, meaning that the market is now
stable, and fair. Therefore, this means that Q1 is
equal (=) to Q2 so that the proposed number of 2
is equal to the products sold of 2, concluding that
there was NO excess demand for this product, as
shown in the graph. Finally, for this product I was
able to make a profit of RM21.00

CONCLUSION:
TO CONCLUDE THIS REPORT, I HAVE
LEARNT HOW TO DRAW, UNDERSTAND
AND ELABORATE ON THE USE OF
SUPPLY AND DEMAND LINES FOR ANY
POSSIBLE SCENARIO, OR PRODUCT.
THIS HAS ALSO TAUGHT ME HOW TO
MAKE GOOD CHOICES IN THE
MARKET(WHICH ALSO HELPS ME
APPLY THIS KNOWLEDGE WELL IN THE
FUTURE), AND TO NOT ALWAYS BE
GREEDY TOWARDS THE AMOUNT OF
MONEY YOU LOSE OR GAIN.