Group1-tania,amandayong,amandaong,darren,ronda

how do you know Acer has a lower cost of production? Your analysis from the producer's point of view is not entirely accurate. Might want to relook at it. || Comments: evonne: "the producer’s point of view would be cheaper substitutes in the market as well as the increase in the price of the complements." aren't changes in price of substitutes and complements mainly the cause for the changes in demand fro ipad ,which is from the consumer point of view?
 * ~  ||~ Student's Posts ||~ Teacher's comment ||
 * Project A || [[file:Econs project A.docx]] ||  ||
 * Project B || [[file:Econs project B.docx]] || What is competitive demand?
 * Presentation materials || [[file:econs ppt.pptx]] || How have you answered the qn? You have answered how it might impact pricing decisions to a certain extent but not with regards to marketing decisions. ||

Abigail : Perhaps for the factor of taste affecting the demand of iPads, can try to compare it with another tablet instead of iPad 2?

yiwen: In Slide11, the quantity demanded did not fall for iPad as the price of iPad did not drop. there was just an introduction of a cheaper substitute into the market. In Slide17, instead of ending with how producers will lower the supply of iPads to minimise loss, you can say how they may use marketing strategies such as advertisements. i think this will answer the part on marketing decisions.