How does an efficient economy ensure more labor resources will be allocated to the production of smart phones?

November 27, 2009 by admin · 2 Comments
Filed under: Economics 
smart phone
Tressa T asked:


meaning smart phones for landline use. and also assume that smart phones are preferred by costumers

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Comments

2 Responses to “How does an efficient economy ensure more labor resources will be allocated to the production of smart phones?”
  1. William says:
    November 30, 2009 at 8:36 am

    Get free batteries and car chargers from work. Nobody is aware that their phone is weak or a battery hog because their just working stiffs. Efficiency means they don’t care that it might get broken because their in a hurry to get back to nazi job. William

  2. foolcow says:
    November 30, 2009 at 7:30 pm

    I don’t know what a smart phone is, but, assuming that customers prefer it, entrepreneurs will think they can make a profit by producing them. So they will. foolcow

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