The Market for Tablet Computers
“In 2009, about 15 PC makers released tablets.”
Market for Tablet Computers D P Q Eq0
Market for Tablet Computers Originally the Ipad was the only tablet. Now that others have created competing products….. An increase in the number of sellers causes an increase in supply. S1 S0 D P Q Eq0 Eq1 The shift in supply happens immediately. In the longrun, if all else remains the same the equilibrium price will drop and the qty demanded will increase. This is proof that competition benefits the consumer