Thai Sikh International School
E-Learning Programme – Online
Assignment – 05/11/2015
Name
: Subject : Economics
Year : 9 Schedule
No. : 4
1.
In
China, urban incomes rose by more than 13% in 2005. This contributed to a rise in demand for
mobile phones, making China the world’s largest mobile phone market, with
approximately 260 million handsets.
a.
Illustrate
the change in demand for mobile phones in China on a diagram.
b.
Is
a mobile phone, a normal or an inferior good?
Explain your answer.
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