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Essay Details:
Essay text:
An increase in Supply curve will
increase (Quantity) people using America Online and decrease
Price.
America Online has announced a change to their price plan for internet
access. before they charged a rate of $19.95 for only 20 hours of internet
access. One of the many reasons is that it could help the service against
Internet competitors, by doing this "Keith Benjamin says there may be some
short-term negative impact on margins." Negative impact on margins means that
there will be decrease in earnings. Another reason for this pricing move is
part of a broader effort to add new features to the service and make it more
compelling than rivals...
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Common topics in this essay:
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