Product Pricing Mobile Notary Company

Paper Summary:

This paper discusses the theory of supply and demand, and examines the assumption that markets are perfectly competitive. This implies that there are many buyers and sellers in the market and none of them have the capacity to influence the price of the good. However, this assumption fails as supply and demand does affect prices of goods and services. This paper analyzes the Road Notary Inc's services and how consumer demand and price affects revenues.

From the Paper:

"Road Notary Inc. (RNI) is a mobile mortgage and notary signing company that services the Central Florida area. RNI was founded by a mortgage specialist and an attorney, whom also happen to be a husband and wife team. With their combined talents and skills, this dynamic duo discovered an untapped market for mobile notary and document signing business. RNI's business strategy is customer-centric and focused on top quality, prompt and convenient customer service. Business growth is primarily form word of mouth and based on the company's reputation for upholding the State of Florida Law, reliability, and accuracy. The purpose of this document is to discuss and analyze the mobile mortgage and notary signing business, specifically the utility of goods and services and the supply and demand for mobile signing services."

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