<ul><li>Raj opened a juice bar on his apartment rooftop, which became popular among students and young professionals.</li><li>He observed that demand for cold juices dropped on rainy or chilly days, while hot sunny days attracted more customers.</li><li>Running a special deal on orange juice resulted in a rush of customers, but Raj couldn't meet the demand due to limited supply.</li><li>Raj experimented with pricing and found that raising the price of watermelon juice slightly decreased the number of customers, but his earnings remained stable.</li></ul>

Business Concept — Demand and Supply

Discover more