Games R Us
In Games R Us our goods are Xbox accessories and console like games, controllers, battery packs, and recharger's to keep our customers happy, We have a repair service. The Incentives for games will be buy 3 get 1 half off. If supply get higher than demand i will have a sale and all of that item will 25% off till supply gets lower than demand then i will increase price by 15%. Where i live the only problem is there is competition from Walmart.
The producers will be payed $8.00 an hour. The only constraint is we only have xbox. The opportunity cost for this business is PlayStation, Nintendo ect... To build or rent store and all starting supplies like Systems and accessories i will need a budget of $230,000. The trade off is that we don't sell other systems like PS3, but we can sell the xbox supplies cheaper than other stores because we only sell that only item and accessories for it. Stores that specialize are scarce in this part of Maine. If you want i could send you a prototype of what i would like the building to look like. Alternatives for costumers will be accessories made by different companies but still for xbox. Cost of production like spare parts will be put in the costumers bill. My company is interdependent because we need to order parts and systems from other companies. the profit for the first month would be about 7,000 give or take. I hope we will become an monopoly because we specialize in xbox. Because of the bad times we may get a loss at first but i think if we keep going till the government back on its feet and people get jobs i think the gamers who have sold their systems to pay a payment will buy a new system. I hope you will
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