Be fashionable this Raya!

Feast your self fellow Malaysians for now, you can finally get your hands on fashionable designer clothes a cost that does not burn a hole in your wallet! As Hari Raya is approaching, many retail stores and mega malls have already set up sales and promotion to sell affordable clothes to everyone.

Malaysian fashion designer Datuk Radzuan Radziwill recently joined forces with Aeon Co (M) Bhd to create Busana Tradisi by Radzuan Radziwill in conjunction with the festive season. These limited-edition collection that was launched at Aeon AU2 in Setiawangsa recently was inspired by traditional Malay clothing and designed for comfort and modesty. These collection is of course, available while stocks last.

Due to the big dip in price for these limited-edition clothing in addition to the festive season, demand for these clothes would rise higher than usual. Shifting the demand curve to the right. Because the demand for these clothes is high, firms would capitalize on this by increasing their supply to maximize profit. This would shift the supply curve to the right. Point E, which is the market equilibrium before this, would shift to point E1, rising the price and also the quantity demanded for the product. The new price for the product would be P1 and the new quantity demanded would be Q1.

http://www.thestar.com.my/News/Community/2013/07/08/Be-stylishly-traditional-this-Raya-Malaysian-designer-launches-readytowear-and-affordable-collection.aspx