According to the (Australian Government Department of Education and training 2016) report around 448,411 international student in Australia in 2016, compare last year 2015 that increase 11% more oversea student come to Australia for better education. If a number of Australian Universities open a campus in service Asian countries that will be effect decrease the enrolment at Charles Darwin University. if Australian Universities service in Asian countries and the education same as Australian will be less people coming to Australia for studying .The Charles Darwin University should be decrease in price and increase quantity. The price decreases and the decrease in quantity supplied.
According to the text book (Layton et al.2016), marginal cost curve upward sloping …show more content…
Land the nature resources, that including anything in nature and which has help economic value. The major of the natural resources are including forests, minerals, oil, wildlife, and fish. And other examples are rivers, lakes and ocean (Layton et al.2016). Labour resources that include both skilled and unskilled workforce. That is increase the quantity and quality of the workplace of the economics growth (Layton et al.2016). Because when more people work can produce high value goods and service, for example Apple Inc. and Samsung Company , those huge organization not only selling smartphone , also they selling computer, laptop, watch and other accessories. They need more skilled worker to produce they are product. Capital resources that related to the labour human-made include the equipment, plant and machinery (Layton et al.2016). For example building, warehouse robots and trucks. Those equipment and building need to worker to produce other goods and services. In the twenty century technology is important, the better technology that allow production and increase rate of economic
According to the text book (Layton et al.2016), marginal cost curve upward sloping …show more content…
Land the nature resources, that including anything in nature and which has help economic value. The major of the natural resources are including forests, minerals, oil, wildlife, and fish. And other examples are rivers, lakes and ocean (Layton et al.2016). Labour resources that include both skilled and unskilled workforce. That is increase the quantity and quality of the workplace of the economics growth (Layton et al.2016). Because when more people work can produce high value goods and service, for example Apple Inc. and Samsung Company , those huge organization not only selling smartphone , also they selling computer, laptop, watch and other accessories. They need more skilled worker to produce they are product. Capital resources that related to the labour human-made include the equipment, plant and machinery (Layton et al.2016). For example building, warehouse robots and trucks. Those equipment and building need to worker to produce other goods and services. In the twenty century technology is important, the better technology that allow production and increase rate of economic