Monday, June 10, 2019
Dell Computers - Supply and Demand Assignment Example | Topics and Well Written Essays - 250 words
Dell Computers - Supply and Demand - Assignment ExampleConsumers have an option of purchasing cheaper products because there are numerous suppliers in the market. Moreover, the monopoly force is low within the industry. Customer service affects demand especially within an industry that is experiencing stiff rivalries. This is because customers are presumable to purchase from industries that offer satisfying services. Consequently, elements such as online services and convenient procedures have the potential of affecting the demand of Dells products. Lastly, an improved economy leading to amplificationd consumer income would increase the demand of Dells products (Mankiw, 2011).The main factors affecting the supply of Dell products include state of technology, political disturbance, the future price level, and the price of related products (Mankiw, 2011). expert development is likely to reduce the cost of production as manufactures utilize economical and efficient procedures. This enhances production rates, which increases supplies. Furthermore, political disturbances affect supplies because they affect the products production and distribution. Political instabilities discourage the production and distribution of products causing a decrease in supplies (Frank & Bernanke, 2012). Future expectation of increase prices leads to shortages in supplies because distributors are likely to hold products. Lastly, changes in the prices of other related products may increase or decrease the supplies of Dells products depending on the relationship (Mankiw,
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