https://padlet.com/twang191/66yshjl9ze00 EMMA en-us 2018-10-08 19:09:27 UTC 2025-11-10 17:35:33 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Planets.png twang191 https://padlet.com/twang191/66yshjl9ze00/wish/290547127 China wants to make a reform of changing the manufacturing sector to services factor. However, this reform costs up and employment shrinks. The abrupt employment contraction reduces labor power in the market, causing the supply to decrease in general. This shifts the supply curve to left, driving up prices. 

]]> 2018-10-09 03:02:37 UTC https://padlet.com/twang191/66yshjl9ze00/wish/290547127 twang191 https://padlet.com/twang191/66yshjl9ze00/wish/290548857 The production cost will increase due to the higher tariffs on Chinese imports for the U.S. Less people could afford the goods that used to be cheaper, hindering the numbers of supply. This shifts the supply curve to left, driving up prices. ]]> 2018-10-09 03:17:35 UTC https://padlet.com/twang191/66yshjl9ze00/wish/290548857 twang191 https://padlet.com/twang191/66yshjl9ze00/wish/290550035 2018-10-09 03:25:00 UTC https://padlet.com/twang191/66yshjl9ze00/wish/290550035 twang191 https://padlet.com/twang191/66yshjl9ze00/wish/290551623 The more education those workers have, the more advanced technological skills they would apply to increase the supply. Therefore, the supply curve will shift to right, driving down the prices. ]]> 2018-10-09 03:35:16 UTC https://padlet.com/twang191/66yshjl9ze00/wish/290551623 twang191 https://padlet.com/twang191/66yshjl9ze00/wish/290552494 More consumers shift to be health-conscious and tend to keep away from the chocolate. In order to avoid the declination of customers' demand, Chocolate makers innovate to entice health-conscious consumers. 

]]> 2018-10-09 03:40:42 UTC https://padlet.com/twang191/66yshjl9ze00/wish/290552494 twang191 https://padlet.com/twang191/66yshjl9ze00/wish/290553375 2018-10-09 03:46:13 UTC https://padlet.com/twang191/66yshjl9ze00/wish/290553375 twang191 https://padlet.com/twang191/66yshjl9ze00/wish/290555244 More foreigners tend to buy house in New Zealand, which causes  a housing crisis since the demand increases. ]]> 2018-10-09 03:58:16 UTC https://padlet.com/twang191/66yshjl9ze00/wish/290555244