Send the link below via email or IMCopy
Present to your audienceStart remote presentation
- Invited audience members will follow you as you navigate and present
- People invited to a presentation do not need a Prezi account
- This link expires 10 minutes after you close the presentation
- A maximum of 30 users can follow your presentation
- Learn more about this feature in our knowledge base article
Do you really want to delete this prezi?
Neither you, nor the coeditors you shared it with will be able to recover it again.
Make your likes visible on Facebook?
Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.
Transcript of The Lorax
Limited location of Tuffula Trees prevents other
firms from entering competition
Once-ler is able to set the price
There are many buyers in a monopoly Individuals own and manage business
Responsible for all business transactions
Personally responsible for all debts and liabilities
Can own the business for any duration of time and sell it whenever desired
Pays taxes on income from the business as part of his income tax payments In order to hear the Once-ler's story, one must give him a nail and the shell of a great-great-great-grandfather snail as payment, along with fifteen cents. At one point a thneed was distributed in person, later they were distributed from the factory in wagons across the country. They were also shipped. To help consumers purchase thneeds, the government can set a maximum price of $6.00. This will be the price ceiling. This will allow the thneeds to not become set at too high of a price, so consumers will not struggle to buy the product. Thanks for watching mrs. T (: Land-truffula trees, truffula fruit
Labor- cutting down the truffula trees, assembling thneed production, knitting thneeds together, the Once-ler family
Capitalism-axe, knitting needles, Super Axe-hacker, factory, Gluppity-Glup, Schloppity-Schlopp
Entrepreneurship- The Once-ler Allocation of Thneeds Price Ceiling chopping tree's
selling our market graph is on a piece of paper!