Conclusion

          In conclusion, different firms apply different concepts of economics and it becomes more and more interesting as you have researches deeper into these or any firms. Moreover, it can be obviously seen that economical concepts do apply in our daily life and work. Therefore, it is not a waste to know about these concepts and to add them to our knowledge.

References

Danberg, R. (2012) The Economics of Enormity. Available from: http://www.economist.com/blogs/freeexchange/2012/11/economies-scale [Accessed 28 May 2013].

Guglielmo, C. (2012) Apple Says iPhone 5 Demand Outstrips Supply As Pre-Orders”Shatter” Previous Record. Available from: http://www.forbes.com/sites/connieguglielmo/2012/09/17/apple-says-iphone-5-demand-outstrips-supply-as-pre-orders-shatter-previous-record/ [Accessed 26 May 2013].

Perloff, J. (2012) Microeconomics. 6^th ed. United States of America: Pearson Education Limited.

Peterson, W. (1991) Principles of Economics. 8^th ed. United Stated of America: Irwin Inc.

Welker, J. (2012) The Kinked Demand Curve Model of Oligopoly Pricing. Available from: http://www.econclassroom.com/?p=3144 [Accessed 29 May 2013].