MICROECONOMICS VARIABLES: PRODUCTION OF THE IPHONES 2
Microeconomics Variables: Production of the IPhones
The idea and the process of the technology of production of the Apple iPhone can be
studied thoroughly and exclusively and this can be done by the use of the production or even the
cost function method. Through a proper help and use of the approximation of the two main
functions then a valuable and a more detailed conclusion can workforce be made in relation to
the technology that is used by a firm or the production industry.
The production and the manufacture of the iPhone involve the use of the three main
factors of production which are land, capital, and labor. The availability of the skilled human
labor is so much essential in the production of the iPhone since it entails the use of the engineers'
who designs the iPhone App and at the same time sees the mechanisms of the smartphone
production. In addition to the mechanical design of the production, they also have human labor
which is specialized in drafting the box design of the phone while on the other hand some are
particularly engaged in the packaging of the phones. In addition to that, the company has the
supervision manpower who monitor all the production process and ensure that all the essential
requirement for the production of quality phones are met and accomplished. The supervisor also
ensures that the packaging team met the threshold requirement through the packaging of all the
component of the phone and ensuring that they are correctly and safely packed.
Natural resources form the most important part and process of the production as it forms
the basic requirement of all the materials and the minerals which are used in the production
process. While at the same time land forms the basic means of production of any natural resource
which are obtained at any particular stage of the production of the phone and thus acts as one of
the most important factors of production. All the above factors of the production of the phone
