Vikram, a young and tech-savvy guy, wants to be an entrepreneur and could not fulfill his dream
Question:
Vikram, a young and tech-savvy guy, wants to be an entrepreneur and could not fulfill his dream due to a lack of financial support from the family, always looks depressed and stressed. He got habituated to the games and video-making apps where he spends most of his time. He was highly engaged in 2 major apps one being a famous video making app in which Vikram has created and posted many videos that brought him a good number of followers. Vikram's friend Vedant, one day asked him how he could create and post these many videos in the app. Vikram replied that it is possible because he learned almost all the tricks and shortcuts of the App. Even though Vikram was busy with his job, videos, and games, his thirst for entrepreneurship was still disturbing him almost every day.One day Vikram was busy developing a concept for his video and the shocking news popup in his mobile which made him standstill. The popup said that the government has banned a number of Apps in the country and his video making App was one among that. He felt that his future becomes a big question mark as he will lose his followers.Seeing his condition his friend Vedant said that Vikram I could not see you like this. Being a techno-savvy guy having good programming and coding skills and also a person trying to prove himself as an entrepreneur must see this situation as an opportunity and not a problem. "Vikram I don't think you will get a better situation than this to fulfill your dream of an entrepreneur. I hope you are getting what I am trying to say" smiled Vedant.Vikram nodded his head as a gesture of Understanding and gave a big smile to Vedant and he said "Vedant, I will convert my followers as my subscribers".
4.What was vedant talking about? What was the opportunity that he was mentioning?
5.Analyze the case and identify the supportive points for vedant's claim.
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba