For the public good,we have lamma fire station,lamma post office,lamma police station,they are free


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For the public good,we have lamma fire station,lamma post office,lamma police station,they are free.

  • For the public good,we have lamma fire station,lamma post office,lamma police station,they are free.

  • For the private good,we have Sok Kwu Wan Ferry Pier and some shops which is provied

  • service to local people and tourist,such as bean curd shop or special product of the place .



Bean curd shop.When more people want to eat bean curd,demand increase(Taste factor),the demand curve(D1) shifts to the right(D2),hence the producer(shop owner)will produce more bean curd,so that the supply curve(S1) shifts to the right(S2).When quantity demanded is equal to quantity supplied.The equilibrium price increase.

  • Bean curd shop.When more people want to eat bean curd,demand increase(Taste factor),the demand curve(D1) shifts to the right(D2),hence the producer(shop owner)will produce more bean curd,so that the supply curve(S1) shifts to the right(S2).When quantity demanded is equal to quantity supplied.The equilibrium price increase.



First, there are three types of production, including primary production, secondary production and tertiary production. In Lamma Island, there are both primary production and secondary production, as well as tertiary production. Some people in Lamma Island involving in fishing and planting. It is because the environment of Lamma Island is nearby by the sea and the land’s texture is suitable for planting, the soil are soft and there are enough rainfall. Although primary production is not an important character of the economics of Hong Kong. But in Lamma Island, the gimmick of its is the natural environment and the nature. It plays an important role in this place. Primary production provides raw material to both secondary production and tertiary production. Moreover, there is a big wind power generator in Lamma Island. People work in there is belong to secondary production. It turns raw material (fuels) into finishing product (electricity) . Also, the shop selling seafood also belong to secondary production because it turn seafood into a yummy dish. It also plays an important role in Lamma Island. Secondary production provides tools and product to the other productions.

  • First, there are three types of production, including primary production, secondary production and tertiary production. In Lamma Island, there are both primary production and secondary production, as well as tertiary production. Some people in Lamma Island involving in fishing and planting. It is because the environment of Lamma Island is nearby by the sea and the land’s texture is suitable for planting, the soil are soft and there are enough rainfall. Although primary production is not an important character of the economics of Hong Kong. But in Lamma Island, the gimmick of its is the natural environment and the nature. It plays an important role in this place. Primary production provides raw material to both secondary production and tertiary production. Moreover, there is a big wind power generator in Lamma Island. People work in there is belong to secondary production. It turns raw material (fuels) into finishing product (electricity) . Also, the shop selling seafood also belong to secondary production because it turn seafood into a yummy dish. It also plays an important role in Lamma Island. Secondary production provides tools and product to the other productions.

  • Lastly, the food shops in Lamma Island are belong to tertiary production. It provides services to costumers to earn money. The relationship between it and the other productions is that, it provides services to them for their productions. It occurs a main population in those three productions.



Land is natural resources used in production. The fish in the sea and the wind is a kind of natural resources.

  • Land is natural resources used in production. The fish in the sea and the wind is a kind of natural resources.



Capital is man made resources used in production. In Lamma island the ship for fishing is a kind of capital.

  • Capital is man made resources used in production. In Lamma island the ship for fishing is a kind of capital.



Labour is the physical and mental effort people put into production. The worker work in the shop.

  • Labour is the physical and mental effort people put into production. The worker work in the shop.



Entrepreneurship is the physical and mental effort people put into production.Besides,you should bear the risk.The owner of the shop is Entrepreneurship.

  • Entrepreneurship is the physical and mental effort people put into production.Besides,you should bear the risk.The owner of the shop is Entrepreneurship.



A public limited company can sell its shares to the public. The number of shareholders in the public limited company has no upper limit, but it must have at least one shareholder.

  • A public limited company can sell its shares to the public. The number of shareholders in the public limited company has no upper limit, but it must have at least one shareholder.

  • In Lamma Island, HSBC is a public limited company in there.



A sole proprietorship is a business owned by one person. It is the simple and most common from of business organisation in Hong Kong.

  • A sole proprietorship is a business owned by one person. It is the simple and most common from of business organisation in Hong Kong.

  • Characteristics:

  • Owned by one person

  • Unlimited liability

  • Small scale of business

  • Managed by the owner

  • In Lamma island the cheese shop is sole proprietorship











Q:what is the opportunity cost of taking part in the fieldtrip on Lamma Island?

  • Q:what is the opportunity cost of taking part in the fieldtrip on Lamma Island?

  • A:The opportunity cost of taking park in the fieldtrip is a school day.



Q:Will your answer in(1)change if the weather on that day is very good??

  • Q:Will your answer in(1)change if the weather on that day is very good??

  • A:we will not change the answer in (1)because the higher value option forgone is still go to school .



Q:will your answer in (1)change if the weather on that day is very bad??

  • Q:will your answer in (1)change if the weather on that day is very bad??

  • A:The answer in (1) will change if the weather on that day is very bad. It is because when the weather on that day is very bad , the fieldtrip will cancel .The higher value option forgone will change to a school day.













After the trip, I learn that we should save energy. The power station pollute a lot of carbon dioxide. Air pollution is mainly caused by power station. Besides, global warming is a serious problem in the world. The ice cup is melt. This will raise the sea level. We have responsibility to protect our earth. The government should develop wind power to produce electric power in Hong Kong. It neither give out carbon dioxide nor use less fossil fuel.

  • After the trip, I learn that we should save energy. The power station pollute a lot of carbon dioxide. Air pollution is mainly caused by power station. Besides, global warming is a serious problem in the world. The ice cup is melt. This will raise the sea level. We have responsibility to protect our earth. The government should develop wind power to produce electric power in Hong Kong. It neither give out carbon dioxide nor use less fossil fuel.



It is a opportunity for us to learn the others life style.Comparing with resident of Lamma Island,the pace of life of us must be faster than them.However,they also need earn profit to live.In their case,they are autarky so they will not being worry too much for losing their work.They really have a simple life style,as they don’t have many rivals in their life!

  • It is a opportunity for us to learn the others life style.Comparing with resident of Lamma Island,the pace of life of us must be faster than them.However,they also need earn profit to live.In their case,they are autarky so they will not being worry too much for losing their work.They really have a simple life style,as they don’t have many rivals in their life!



After the fieldtrip of Lamma Island, i know more about the economic scale of the fishing village. There are a lot of firm is sole propriership and there are few multiple shop in Lamma Island. Besides, the resident in Lamma Island is mainly depend on fishing and tourism to earn a living. If the weather is very bad, the fisherman can not fishing and the tourist will decrease. Therefore, the bad weather will affect the income of the resident in Lamma Island.

  • After the fieldtrip of Lamma Island, i know more about the economic scale of the fishing village. There are a lot of firm is sole propriership and there are few multiple shop in Lamma Island. Besides, the resident in Lamma Island is mainly depend on fishing and tourism to earn a living. If the weather is very bad, the fisherman can not fishing and the tourist will decrease. Therefore, the bad weather will affect the income of the resident in Lamma Island.




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