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7.0 Conclusion

The competition experienced in this industry is monopolistic competition. Students themselves

choose internet service provider which they believe gives them the most satisfaction. Price as a

factor plays a major role however, which offsets this. As students their access to funds required

to purchase these internet services is severely limited. So income is another deciding factor in the

demand for internet services. Taste and preferences play little part when resources i.e. cash is in

short supply or scarce. Price and ncome are the most important factors affecting demand for

internet services among lower and upper sixth students in Presentation !ollege, !haguanas

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Purpose of study

The areas chosen for the study has a high number of youth among their populations. These youth

often ta"e part in negative activity such as smo"ing and consumption of alcohol. #rug use and

violence have become quite common. f this problem is not addressed, a generation may be at

sta"e and can lead youths towards a life of crime. The researcher has an interest in this topic ashe has experienced the adverse effects of peer pressure in his life. $e is an avid party goer and

ta"e part in these activities occasionally.

Price elasticity of demand of %&'()s internet service in was interpreted as *+ by using the

formula P# - / 0 1uantity demanded2 3 / 0 Price2. The price elasticity of demand can be

described as inelastic since there is a less than proportionate change in quantity demanded to a

change in price %   ΔQ  4 %   ΔP¿ .  t was wor"ed out5 *+6/2 3 76/2 - *+

P..# - ΔQuantitydemanded

 ΔPrice  

 Δ Price=Change∈ Price

Original Price   X100

1  =$500

$5000   X100

1   = 76/

 ΔQd=Change∈QuantityDemanded

OriginalQuantityDemanded   X100

1   =−2mbps

10mbps   X100

1   = -+6/

P..# -−20

10   - *+ %  Δ  – percentage change)

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A 8..# of 9 suggests that %low)s

internet service is a normal good that isvery elastic. This means that demand

rises by a greater proportion than

income when it rises. %low)s internet

services may be elastic since it has

many substitutes such as :&;

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&iscussion – ,/.( *$xpanded on the sources

'onclusion – (/( *Full mar1s

imitations – 2 *Remo!ed bullet points

Rec – *Remo!ed bullet point

4!erall presentation ./( *$xpanded on presentation

6ritin7 S1ills – (/3 *Impro!ed 0ritin7 s1ills

&etailed comments are in the edit column and also chec1

lin1 for A+A as 0ell as the rubric for mar1in7 0hich is in

)our s)llabus%