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Introduction to Supply and Demand Factors

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Introduction

2. Cars Demand side factors Supply side factors Fall in CoP like wages of workers will see a increase in supply as more workers can be hired A rise in CoP like plastic prices will see a decreased supply because less computers can be made as they are more expensive Technical progress like robots will ensure more compuers are made in less time so supply will increase If a firm like dell goes bankrupt and exists the market, this will decrease the supply because they are one of the main suppliers for computers An increase in production subsidies will increase the supply of computers because more money is being given to pay for more CoP An indirect tax on the manufacture of computers will see a decrease in supply because it is more expensive to make them Increase in disposable income will increase demand for expensive normal products like computers Successful advertising campaigns which promote consumer awareness for computers will increase the demand for computers as more people ...read more.

Middle

of a substitute like buses and train travel will encourage more people to use cars and so demand for cars will increase Rise in the price of a complement like petrol or car insurance will see a decrease demand for cars and increase demand for public transport An increase in production subsidies will increase the supply of cars because more money is being given to pay for more CoP An increase of indirect taxes on cars will mean less cars will be supplied because it costs more to produce a) esktop PCs Demand side factors Supply side factors Increase in disposable income will increase demand for normal goods like DVDs Decrease in the UK's population will decrease the demand for DVDs as there are less people Fall in CoP like wages of workers will see a increase in supply as more workers can be hired to make DVDs A rise in CoP like steel prices will see a decreased supply because less DVDs can be made as they are ...read more.

Conclusion

they are more expensive Successful advertising campaigns which promote delivered pizza will increase the demand for it A health campaign which highlights that people should eat more healthy food will decrease demand for delivered pizza Technical progress like more bikes will mean more delivered pizza's are bought If a firm like pizza hut goes bankrupt and exists the market, this will decrease the supply because they are one of the main suppliers for delivered pizza Rise in the price of a substitute like eating in or other food will encourage more people to get delivered pizza. Rise in the price of a complement like cheese or delivery bikes will see a decrease demand for delivered pizza An increase in production subsidies will increase the supply of delivered pizza because more money is being given to pay for more CoP An increase of indirect taxes on bikes for delivery will mean less delivered pizza will be supplied because it costs more to do b) DVD Movies c) Home delivery pizza ...read more.

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