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H2 ECONOMICS GUILIVERS TRAVEL

H2 ECONOMICS GUILIVERS TRAVEL. Done by: Jeslyn Woon (5) Valerie tan (12) Vanessa Tang (13) Kenneth Lee (18) Sean lee (20). Introduction of ipad. iPad is a line of tablet computers  Apple released the first iPad in April 2010. Origin of ipad.

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H2 ECONOMICS GUILIVERS TRAVEL

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  1. H2 ECONOMICS GUILIVERS TRAVEL Done by: JeslynWoon (5) Valerie tan (12) Vanessa Tang (13) Kenneth Lee (18) Sean lee (20)

  2. Introduction of ipad • iPadis a line of tablet computers  • Apple released the first iPad in April 2010

  3. Origin of ipad • The iPad is released on 3rd April 2010 • It ranges from $500 to $1000.

  4. Sales of ipad • 3 million of the devices sold in 80 days. • During 2010, Apple sold 14.8 million iPads worldwide

  5. Factors affecting the demand and supply of ipad • Price of iPad • Income of consumers • State of Technology • Cost of production

  6. Price of ipad • When the price of iPad increases, it affects the market as consumers are not willing to pay so much. • Consumers, that are not able to buy, will be driven out of the market.

  7. Income of consumers • ­Integrated Resorts (IRs) in Singapore has helped to increase the tourism industry. • More people being employed..

  8. State of technology • As technology advances and being the “Y” generation we tend to be more tech savvy. • Given the advanced technology, suppliers have better and more efficient ways of producing the iPad. • Therefore, the price of iPad decreases.

  9. Cost of production • Producers aim to maximize their profits, so they would try to decrease the cost of production. • It cost lesser to build factories in China and India. • In this way, the cost needed to produce iPad is lesser

  10. END Thank you for your kind attention

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