Group+4-hweemin,abigail,jovina,ryan,evonne

Factors from consumers and producers point of view is not entirely accurate. Look at the ppt slides on IVLE or your lect notes again. Definition of marketing decision is inaccurate too. =( || Pls ensure that diagrams are complete with lines and labelled axis? Do look thr your factors again and work on the slides again. || Comments: Rachel- ppt- slide 4- I think the price of substitutes part is not very clear...?
 * ~  ||~ Student's posts ||~ Teacher's comments ||
 * Project A || [[file:econs proj A.doc]] ||  ||
 * Project B || [[file:final econs proj B.doc]] || Is both iPad and Samsung Galaxy in competitive ss? How does increase in no of subs affect the dd for iPad? The no does not affect the dd..Look thr you notes again pls.
 * Presentation Materials || [[file:ECONS PRESENTATION.pptx]] || prices determined by cost of pdtn and qty dd??

Amandatoh: for price of substitues- graph for samsung galaxy- i think the shift of the supply curve should not be included in the graph as drawing the shift in supply curve does not support the explanation of a change in demand for iPad. and explanation was not given for the shift of supply curve

Sususuhaila : i think that the increase in economy only applies to certain countries and not all. in increase in income, should include consumers are more abled and willing to buy ipad due to the increase in income or something like that. GOOD JOB ! :D

Alvin- Slide 6- 7, why is is iPad 2? Do u mean iPad?

Winnie: For Project B, "Marketing decisions for the iPad by consumers will be affected because they now have a range of tablet computers with lower prices to choose from." I think marketing decisions should be the decisions made by the producers on how to market the product for example through advertising and not by the consumers.

Winfred:For Project B, i think u should put short and long run effects of R&D.Other than that and the mistakes others pointed out,u guys did great!yay!!haha

Yijun: For your conclusion, increase price of substitues does not affect the demand for iPad negatively. It affects it positively cause a increase in price of substitutes, the consumers will consider not switching to buy samsung galaxy tab, i think. haha. ur slides very NICE!!!!!!!!!!!

Tania: 'What are some of the related/ associated products for the iPad?'- Only substitutes were mentioned, complements should also be included. Plus, your factor on the increase in cost of production is a little funny when you link the increase in levy on hiring foreign workers to the increase in the cost of production for the iPad. I am assuming that the Budget 2011 you were talking about refers to Singapore, and if so, I believe it wouldn't have an effect on the cost of production as I don't think Singapore manufactures the iPad. As far as I know, we get our iPads imported to us from other countries. Great job! :)