A technology supply store advertises new TVs for $100 a month for six months instead of a one-time payment of $600 to make the purchase more accessible to customers. This installment plan lowers the upfront cost, making it easier for consumers to budget and afford the product. It can attract more buyers who might hesitate to spend a larger sum at once, ultimately increasing sales volume for the store. Additionally, this approach can enhance customer satisfaction by providing flexible payment options.
It changes supply by how much is bought. The more technology that is bought, the less supply there is. The less that is bought, the more supply there is.
How did ancient Mesopotamian farmers use technology to control their water supply?”
Changes in a producer's technology can lead to a SHIFT in the supply curve.
2 months and 8 weeks
supply
Technology
SLI
No one. Most countries do not export nuclear weapons. Instead, the countries obtain (1) nuclear technology and (2) radioactive material and build it themselves.
Information Technology Equipment
improved technology
Technology
Lowers production cost