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The Economics of the Internet

Old economics explains the new economy well. When we buy something, we spend time and money searching for it, comparing it with other products, negotiating a price, and ensuring that we get what we paid for. This is what economists call 'transaction costs'. The internet reduces these costs, making it cheaper for people, businesses and governments to do business.

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Anvar

- Mar 27, 2020
Interesting!

Joy Mildred Adhiambo

- Dec 3, 2019
Econet

Monir

- Apr 19, 2019
Internet increase profitability and created new jobs

Vedat

- Apr 3, 2019
The Economics of the Internet

Jafar

- Mar 24, 2019
sangat Hebat

Zia

- Dec 25, 2018
Internet save time, energy and resources.

Ki

- Jul 15, 2018
Great!

LUKANGA

- Jul 29, 2017
Educative

EBRAHIM

- Jul 10, 2017
Great

Jesús Manuel

- Mar 20, 2017
great, liked and shared!
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