Question: BusinessWeek recently declared We have entered the Age of the

BusinessWeek recently declared, “We have entered the Age of the Internet,” and observed that when markets for goods or services gain access to the Internet, more consumers and more businesses participate in the market. Use supply and demand analysis to predict the effect of e-commerce on equilibrium output and equilibrium price of products gaining a presence on the Internet.


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  • CreatedNovember 18, 2014
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