The determinants
of demand are prices of related goods, expected future prices, income, expected
future income and credit, population, and preferences. And for the determinants
of supply, prices of factors of production, prices of related goods produced, expected
future prices, number of suppliers, technology, and state of nature. According
to the video, we can know that they successfully use preferences to let the customer
get interested. They also successfully use their technology to improve air
ship, which will be less likely for it to crash like Hindenberg disaster. For
Zeppelin, the producer had change the gas inside the air ship in to helium. Besides,
they had also installed some engine around the body of the air ship to support
it. According to the video, since we know that there only three air ships in
the world, and in US, Brian Hall is the only company that is running the air
ship business; we can say that this market is a monopoly. In my opinion, I
would want to try this kind of air ship. Although I might still afraid about
the accident might happen just like Hindenberg, I would want to take a look at
this enormous ship and have a great view through the sky, unless it needs to
cost an amount of money.
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