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BYJu SU Presentation
BYJu SU Presentation
As we see can above, prices are gone up by 10% but the quantity demanded is
fallen by 5% ,which affect total revenue as we can see it is increased by Rs.
1,12,000 or we can say increase in prices of Byju’s product will result in
increase in total revenue by 0.045%.
The demand structure of byju’s is inelastic
If the price increases by 10% there will be only a slight
decrease in its demad
For any business to run effectively and efficiently and for all the
decisions that a manager makes there are certain factors that have
to be mind such as
The inputs that are needed for the production of products and
services
The no of firms in the market in which the business is competing
The demand and supply factors that directly effect the business
To produce goods and services better than that of its competition
The pricing and output decisions of a business can effect it if the
customers are price sensitive
What type of products a company is producing how is it producing
them and for whom the production is being done