Effect of new technology on consumer

electronics market with example

1
 Table of content
1. Introduction 3

1.1 Important of Technology 3

1.2 History of Air Cooler 4

2. Market Theory 5

2.1 Supply 5

2.2 Factors of Supply Curve Shift 5-8

2.3 Demand 8

2.4 Factors of Demand Curve Shift 8-10

2.5 Elastic and Inelastic 10

3. Effect of technology on air cooler market 11

3.1 Effect on Supply 11

3.2 Effect on Demand 12

3.3 Elastic or Inelastic goods 13

4. Findings 14

5. Conclusions 15

6. References 16

1) Introduction

1.1 Important of technology

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