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Business
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Number of pages / Number of words: |
6 / 1541 |
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Main factors that lead to change in supply and demand are scarcity, increase or decrease in demand, certain laws, costs in labor and raw materials, and the invisible hand.
Analysis: Consider the utility derived from the products mentioned in the article
The main product in the article is the internet...
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The list of utilities that the internet is good for is a mile long. The internet can be used for students to be able to do research in the comfort of their own home instead of spending hours at a library. Here is a great explanation on how the internet can assist in the classroom:
âThe Internet provides not only an interesting educational tool for retrieving information and interacting with others but also interesting examples that can enhance students' intuition about key concepts typically taught in microeconomic principles courses...
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