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18 April, 16:42

Jen is starting a nonprofit store she plans to sell handmade African scarves and jewelry. Which economic question (s) would Jen still need to answer?

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  1. 18 April, 16:53
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    Even though the business is nonprift, but the basic underlying principles remain.

    the questions that jen needs to ask is weather or not there is enough demand for the items she plans to sell. if there isnt, what possible steps and resources must be committed to make the demand fr the items rise. the next question will be weather or not she can maintain a steady supply chain. does she have a supplier capable of supplying the items that she needs to sell?

    another questions will be the price. at what price she can sell the items. does the cost covers all the expenses that she incurred? does she have enough suprlus to expand her operations?
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