It's Micro project which talk about About Apple Company, and I chose to talk in particular about 2 goods (Iphone and macbook)

- Specify the type and amount of resources needed for Apple company to produce its two goods (I phone and Macbook).

- Draw PPF representing your two goods ( I phone and Macbook). illustrating tradeoff, efficiency and future potential growth,

- Using the circular flow diagram, illustrate how will the money circulate between Apple company, customers and employees.

- Formulate a schedule showing the range of prices and relative quantities demanded and quantities supplied.

- What equilibrium price & quantity will you expect for each good ( I phone and Macbook).?

- What prices will create surplus and what prices will create shortages and how will you face the situation in each case?

- What variables influences buyers and sellers based on the products/services you have chosen?

HERE ARE EXAMPLES to help you how to answer

4) Draw PPF representing your two goods illustrating tradeoff, efficiency and future potential growth, EXAMPLE: Figure 2 The Production Possibilities Frontier Quantity of Computers Produced 3,000 2,200 2,000 1,000 0 B 300 C D A 600 700 Production possibilities frontier 1,000 Quantity of Cars Produced 5) Using the circular flow diagram, illustrate how will the money circulate between your company, customers and employees. ( - (3 Marks) EXAMPLE: FIGURE 1: The Circular-Flow Diagram Revenue G & S sold Firms Factors of production Wages, rent, profit Markets for Goods & Services Markets for Factors of Production Spending G & S bought Households Labor, land, capital Income