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Read the articel and answer question 4. Explain why "The mobile phone is bringing about changes to society as profound as those introduced by the automobile."

Read the articel and answer question 4. Explain why "The mobile phone is bringing about changes to society as profound as those introduced by the automobile."

Computer Networking: A Top-Down Approach (7th Edition)
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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Read the articel and answer question 4. Explain why "The mobile phone is bringing about changes to society as profound as those introduced by the automobile."

94 CHAPTER 5 APPL ICAT IONS O F DEMA ND A ND SUPPLY Going Wireless The mobile phone is bringing about changes to society as profound as those introduced by the automobile. -Timo Kopomaa, sociologist, Helsinki University of Technology Some facts about cellphones as of December 2000: •One in four Canadians has a cellphone. • The number of users in Canada is increasing by approximately 4700 per day. • In Finland, 70 per cent of the population owns a cellphone, in Britain, 60 per cent, and in Japan, 40 per cent. • By 2003, global sales of cell- phones are expected to triple. • The next generation of cell- phones will combine data stor- age, Internet access, and voice and image communication. Source: Chris Wood, "The Cell in Your Future," Maclean's, 4 December 2000, 34-40; Barry Came, "Wireless Nation," Maclean's, 4 December 2000, 41-44. Chapter Goals QUESTIONS By the end of this chapter, you will be able to • understand, calculate, and apply a concept known as elasticity to consumers and sellers, 1. Do you own a cellphone? If so, why? If not, do you plan to buy one in the future? Why or why not? 2. How important are cellphones in our lives right now? Do you ever see them becoming a necessity? Explain. 3. If demand for cellphones is increasing so much, why aren't prices? Draw a freehand demand and supply graph to illustrate what you think may be happening in the market. • identify how governments interfere in markets, and explain whether or not it is beneficial, • understand theories of consumer behaviour such as marginal utility and consumer surplus, analyze and debate the issues of rent controls and minimum wages. 4. Do you agree with the opinion in the quotation from Timo Kopomaa? Explain.
Transcribed Image Text:94 CHAPTER 5 APPL ICAT IONS O F DEMA ND A ND SUPPLY Going Wireless The mobile phone is bringing about changes to society as profound as those introduced by the automobile. -Timo Kopomaa, sociologist, Helsinki University of Technology Some facts about cellphones as of December 2000: •One in four Canadians has a cellphone. • The number of users in Canada is increasing by approximately 4700 per day. • In Finland, 70 per cent of the population owns a cellphone, in Britain, 60 per cent, and in Japan, 40 per cent. • By 2003, global sales of cell- phones are expected to triple. • The next generation of cell- phones will combine data stor- age, Internet access, and voice and image communication. Source: Chris Wood, "The Cell in Your Future," Maclean's, 4 December 2000, 34-40; Barry Came, "Wireless Nation," Maclean's, 4 December 2000, 41-44. Chapter Goals QUESTIONS By the end of this chapter, you will be able to • understand, calculate, and apply a concept known as elasticity to consumers and sellers, 1. Do you own a cellphone? If so, why? If not, do you plan to buy one in the future? Why or why not? 2. How important are cellphones in our lives right now? Do you ever see them becoming a necessity? Explain. 3. If demand for cellphones is increasing so much, why aren't prices? Draw a freehand demand and supply graph to illustrate what you think may be happening in the market. • identify how governments interfere in markets, and explain whether or not it is beneficial, • understand theories of consumer behaviour such as marginal utility and consumer surplus, analyze and debate the issues of rent controls and minimum wages. 4. Do you agree with the opinion in the quotation from Timo Kopomaa? Explain.
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