examine the factors that determine the price of


Examine the factors that determine the price of computers in a free market. In recent years, the price of personal computers has continued to fall even in the face of increasing demand. Analyse with the aid of a diagram how this has occurred.

Introduction

  • Causes of Price Decrease

Demand Scenario

  • Effect of Substitutes
  • Income
  • Population
  • Future Expectations

Supply Scenario

  • Decrease in the Cost of Production
  • Advancement in the Technology
  • Efficient Distribution Channel

Conclusion

References

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

Referencing method - Harvard referencing method

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Microeconomics: examine the factors that determine the price of
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