3. Higher Supply Leads to Surplus
Attempted resellers in line
to return their iPad 3s
4. Objective & Discussion
This activity will aid students to describe why
shortages and surpluses occur.
Why doesn’t Apple increase the price of the iPad
instead of increasing supply?
Why are so many of the resellers returning their
iPads?
Who are the buyers of the resold iPads?
Why do people attempt to resell their iPads?