South African Economy

Want to read the rest of this paper? Join Essayworld today to view this entire essay and over 50,000 other term papers

4
4
Disbursing social grants
5
5
Monopolistic and oligopolistic trends
7
6
Cartel like activities
9
7
Economies of Scale
9
8
Competition in economies of Scale
10

Conclusion
10

Bibliography


1 & 2 South African cell phone industry boom
S0
Figure 1
S1

E1
E0
P0
Price
Of Cell phones

P1


D1
D0

Q1
Q0
Quantity of Cell phones

Figure 1 explained:

Looking at the single demand curve illustrated by D1 the demand curve shifted rightwards which lead to increase in price and increase in quantity of cell ...

Get instant access to over 50,000 essays. Write better papers. Get better grades. Already a member? Login

Price
Of a Black berry
P0

P1

E1

D1
D0
Q0

Quantity of blackberries
Q1

Figure 2 explained:

* The demand curve will shift to the left due to less demand for the blackberries

* The equilibrium E0 shifts to E1

* Quantity (Q0) decreased to Q1

* The price (P0) also decreased to P1

* The BB's / unit demanded will be less

* Demand decreased which will lead to a decrease in Price / BB

* The Quantity also decrease due to the less demand

* S0

The supply will be less to make it more cost efficient

Figure 3
Price
Of ...

Succeed in your coursework without stepping into a library. Get access to a growing library of notes, book reports, and research papers in 2 minutes or less.

CITE THIS PAGE: