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Essay Details:
Essay text:
While efficiency
gains from increased competition significantly enhance consumer surplus, for instance, by
leading to lower average selling prices, our present research shows that increased product
variety made available through electronic markets can be a significantly larger source of
consumer surplus gains.
One reason for increased product variety on the Internet is the ability of online retailers
to catalog, recommend, and provide a large number of products for sale. For example, the
number of book titles available at Amazon.com is more than 23 times larger than the number
of books on the shelves of a typical Barnes & Noble superstore, and 57 times greater than
the number of books stocked in a typical large independent bookstore...
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Common topics in this essay:
- America Online To Unveil Flat Fee For Internet Access
- Consumer Perceptions Of Store Brands Versus National Brands
- consumer driven economy
- How Far Do You Agree That The Bolsheviks Won The Civil War Of 1918-21 Because They Controlled More People And Had Access To More Weapons?
- Limiting Children's Access To Internet Pornography
- Requiring Registration to Access Internet Pornography: Abridging Free Speech or Safeguarding Children?
- The internet economy within Digital Media
- Digital Dialogues:- Social Networks, Marketing And Consumer
- Libraries Should Use Software Filters For Internet Access
- Should the government control access to information on the internet?"
- Consumer Surplus in the Digital Economy:
- Internet Access
- Internet Access: Flat Fee Vs. Pay-per-use
- Limiting Children's Access To Internet Pornography
- The Internet Access
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