Sunday, 13 October 2013

Economics class task 2

In Economics class task 2, we had to identify the supply curve for mobile phones as its manufacturing technology has become more efficient.

As the same before, we made a discussion for this task and found that the supply curve will shift to right. If the manufacturing technology has become more efficient, the amount of mobile phones produced will increase, therefore the supply curve will move to right.

This task makes me understand the meaning of supply curve more when it comes to various situations.

this is the video of the class task 2:

No comments:

Post a Comment