https://padlet.com/weining2168/l1oni6b7wrbd Made with the help of a typing monkey en-us 2018-05-18 05:08:43 UTC 2023-02-17 22:10:49 UTC hello@padlet.com weining2168 https://padlet.com/weining2168/l1oni6b7wrbd/wish/261829823 2018-05-18 07:37:22 UTC https://padlet.com/weining2168/l1oni6b7wrbd/wish/261829823 weining2168 https://padlet.com/weining2168/l1oni6b7wrbd/wish/261829903 2018-05-18 07:37:41 UTC https://padlet.com/weining2168/l1oni6b7wrbd/wish/261829903 weining2168 https://padlet.com/weining2168/l1oni6b7wrbd/wish/261830185 if sellers decide to increase the price of iphone x, the demand for iphone x will decrease. however, we do not know how much less iphone x will be bought. 
the demand for iphone x is price elastic as buyers respond to the change in price. 

according to the non-determinants of price elasticity, the demand for iphone x drops due to necessity vs. luxury. the price of iphone x keeps rising and some people find it unnecessary to upgrade to iphone x as it is not a need. due  to  the availability of substitutes, many people choose to buy phones of other brands rather than iphone x as it is more expensive. ]]> 2018-05-18 07:39:00 UTC https://padlet.com/weining2168/l1oni6b7wrbd/wish/261830185 tjesamatha26 https://padlet.com/weining2168/l1oni6b7wrbd/wish/261831077 for the demand of iphone x, when the price increases, the demand for iphone x decreases, showing the inverse relationship between quantity demanded and price. 
 All told, 64% of prospective  iphone buyers want either an iphone X or iphone 8 series phone, compared with 71% who wanted the iphone 7 series phones in last year's survey. 

]]> 2018-05-18 07:42:56 UTC https://padlet.com/weining2168/l1oni6b7wrbd/wish/261831077 weining2168 https://padlet.com/weining2168/l1oni6b7wrbd/wish/261834610 2018-05-18 07:59:53 UTC https://padlet.com/weining2168/l1oni6b7wrbd/wish/261834610 tjesamatha26 https://padlet.com/weining2168/l1oni6b7wrbd/wish/261837223 whenever a new phone is released, the phones that were produced before will decrease in price.]]> 2018-05-18 08:13:17 UTC https://padlet.com/weining2168/l1oni6b7wrbd/wish/261837223 natasha_setiawan01 https://padlet.com/weining2168/l1oni6b7wrbd/wish/261839913 as seen from the demand and supply curves, buyers and sellers behave exactly opposite from each other with respect to changes in the price  of the good ]]> 2018-05-18 08:26:34 UTC https://padlet.com/weining2168/l1oni6b7wrbd/wish/261839913 s10185793 https://padlet.com/weining2168/l1oni6b7wrbd/wish/262175689 Due to the increase in demand, there is not enough supply to meet the demand . This is evident from "concerns are growing that the flagship smartphone will be in very short supply for its Nov. 3 launch and months after."]]> 2018-05-20 13:55:36 UTC https://padlet.com/weining2168/l1oni6b7wrbd/wish/262175689 officialswiftemail https://padlet.com/weining2168/l1oni6b7wrbd/wish/263076028 2018-05-23 15:51:49 UTC https://padlet.com/weining2168/l1oni6b7wrbd/wish/263076028