Tomas Anna and Antonin started their family business in 1897. By 1912, the business had grown significantly and was employing over 600 full-time workers and several hundred more who worked from home in neighboring villages. The document also includes a demand curve chart and a supply-demand table that shows the relationship between price, demand, and supply for shoes.

3. TOMAS ANNA
AND ANTONIN
STARTED
THEIR FAMILY
BUSINESS

5. In 1897
by 1912,
Bata was
employing
600 full-time
workers,
plus
another
several
hundred
who worked
out of their
homes in
neighboring
villages.

10. Price (per shoe)
Qd(in
million)
2000 2
1500 4
1000 6
850 8
599 10

11. a
b
c
d
e
0
500
1000
1500
2000
2500
0 2 4 6 8 10 12
Price(pershoe)
Qd (in million)
Demand Curve

12. price( per shoe) Qs (in million)
2000
10
1500 6
1000 8
850 4
599 2
DARE

14. Price(per
shoe)
Qd (in
million)
Qs (in
million)
2000 2 10
1500 4 8
1000 6 6
850 8 4
599 10 2