Monday, December 17, 2007

Unit 1: Changing patterns of demand; internet shopping

This BBC clip suggests that festive shopping habits are changing with many consumers turning to the internet for their Christmas shopping.

< http://www.bbc.co.uk/mediaselector/check/player/nol/newsid_7140000/newsid_7148200?redirect=7148239.stm&news=1&nbwm=1&bbwm=1&bbram=1&nbram=1&asb=1 >

a) Which of the factors that effects demand has altered?
b) Using a demand diagram, explain what has happened to the demand for internet shopping

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