"It was a wonderful experience interacting with you and appreciate the way you have planned and executed the whole publication process within the agreed timelines.”
Subrat SaurabhAuthor of Kuch Woh Pal
In our societies , any kinds of products or services must need to apply demand and supply economic theory to analyze whether the kind of product or service may be value to invent to sell or serve to their customers in consumer market, if the kind of product or service demand number is less, then it ought not to raise manufacturing number to avoid "low price " sale or if the kind of product demand number is more, then it ought raise manufacturing number to have enough number in order to raise " high price" sale to satisfy customers their needs to buy their products.The problem of allocation of resources arises due to the scarcity of resources, and refers to the question of which wants should be satisfied and which should be left unsatisfied. In other words, what to produce and how much to produce. More production of a good implies more resources required for the production of that good, and resources are scarce.
However, whether your product or service's demand number depends on supply number or your product or service's supply number depends on demand number in order to make ths sale price is reasonable high or low level and reasonable supply number valuation. In my this book, I shall apply demand and supply theory to explain our nowadays social situation.
John Lok
JOHN LOK, Behavioral Economist
I had graduated Behavioral Economy Science Degree in Common Wealth Open University. I had worked in behavioral economic research to gather economic data and social development data in order to analyze how human behavior may influence economic environment change. I concentrate on researching whether how economic changing environment can influence consumer behavior change. I had researched different behavioral economic topics included how artificial intelligence influences economic environment changes, consumer behavior, human behavioral change, how disease or economic environment may influence traveler leisure psychology, how economic changing environment influences public transport passenger choice, how e-commerce market influences consumer behavior etc. different behavioral economic topic. My books aim to let readers feel whether how human behavior and economic environment and social environment which have cause and effect relationship.
