Hypothetical demand and supply curve for cyber cafes

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Reference no: EM13774104

Draw a hypothetical demand and supply curve for cyber cafes - coffee houses with computers hooked up to the Internet with access to daily newspapers (among other things) at each table. Show how demand or supply is affected by the following:

A) A technological breakthrough lowers the cost of computers.

B) Consumers' income rises.

C) A per-hour fee is charged to coffee houses to use the Internet

D) The price of newspapers in print rises.

E) Possible suppliers expect cyber cafes to become more popular.

Reference no: EM13774104

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