illustrate the following with supply and demand curves:

a) With increased access to wireless technology and lighter

weight, the demand for laptop computers has increased substantially.

Laptops have also become easier and cheaper to

produce as new technology has come online.

b) During the high-tech boom in the late 1990s, San Jose office

space was in very high demand and rents were very high.

With the national recession that began in March 2001, however,

the market for office space in San Jose (Silicon Valley)

was hit very hard asgovernment imposed a heavy tax on office

spaces just to make offices realocateon other regions due to massive

traffic jam in San Jose.