Essay on online shopping is good or bad

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essay on online shopping is good or bad

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Discounting transport costs, a good ordered from a german firm with a shipping address in Germany would be quite different than if the good were to be sent to Sweden or Italy. But it gets even trickier when one starts looking at the above through the lens of first degree price discrimination,. When a good is sold at the highest possible price to each individual buyer! I was not even aware of this until one of my ib2 students told me not to book my summer tickets too far in advanceor too late. She sent me an article about when to buy airline tickets and then I started looking a few things. Turns out that we might need to be a bit careful when we buy things online. Online sellers use cookies, which are small text files downloaded to your computer when you visit a site.

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Clearly its important that one looks at how and why prices between countries might differ; exchange rates, consumption taxes and transportation costs will all have an effect on retail prices. However, within the euro zone countries there is no exchange rate and on-line shops of size will have logistical centres that pretty much negate transport costs. That leaves expenditure taxes but still a pretty unsatisfactory explanation since the lowest (Luxembourg) is 17 and the highest (Hungary). The majority of Euro members have. Vat rates between 19 and. This simply does not explain the price differentials! Log in to your Amazon account and run a few quick searches for for identical goods on the us and uk sites. Uk prices tend to be some 20 30 higher and this is not explained by taxes or exchange rates. Quite obviously it is explained by price discrimination, since Amazon simply will not ship most goods from the us to the. (Note that you might need a vpn virtual Private network in order to do this!). And that is seems to be the case right here in the eu, where large on-line retailers are selling the same goods in different eu countries and substantially different prices.

We would expect an evening-out of prices. I started taking notice of price differences over the past few weeks as I have been doing some Christmas shopping shortage online, often via amazon and Ebay shops. Prices differ quite a lot between eu countries and it is increasingly clear that large on-line sellers price discriminate and sell the same goods for different prices in different countries. Price discrimination, or more precisely, 3rd degree price discrimination, means that sellers sell a good at different prices to different groups of buyers. These groups are defined via price elasticities of demand. For example, last-minute air travelers commonly pay more than those who have booked three months in advance; the last-minute travellers (say, business people) will have fewer options/substitutes and thus lower ped than those who booked far in advance. To be able to successfully price discriminate, the seller has to hinder re-selling bob cannot be allowed to sell his 150 ticket bought in April to linda in August when the airlines price has gone up to 200. Christmas spending, i have long suspected that large online retailers price discriminate on a country-wide basis in the eu and even in the eu nations that are part of the euro-zone.

essay on online shopping is good or bad

Essay: Essay 10 Talking about Online Shopping

Most of you students are pretty switched on in terms of what we old people still marvel at; the Internet. You have never lived in a world without internet which is pretty much what my dad said (he was born in 1928) to me about. No, relax, this is not going to be some sort of rant about taking things for granted or any sentence starting with young people today i am a big fan of technology and consider myself quite the optimist; we are so much better off today. (I also have to add that my students are faaaaaaaar reviews more aware, mature and open-minded than my school generation was.). Our economics syllabus deals with quite a few issues that link clearly to the Internet in general and, more specifically, online shopping. It turns out that some 50 of Europeans regularly buy goods and services online and this figure rises considerably during the Christmas season. I am one of these and have been for many years now at least when Im living in a country with a reliable post and customs system. I have noticed for some time that eu price differentials between countries have often increased and this contradicts economic theory which says that open and free markets should ultimately lead to price convergence. (look up the law of one price.) A good that costs 10 in Spain cannot in the long run cost 15 in France french consumers will start buying more of the good in Spain, so demand for the good will decrease among French sellers and.

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essay on online shopping is good or bad

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essay on online shopping is good or bad

For example, if you have to create trained a paper for your history course you can discuss with a war veteran who will tell you everything you need to know. In principle any topic can be discussed with a paper writer online. Get some interesting information. If you want to write interesting texts, you have to use interesting information. Only in this way you will convince your professor and your colleagues that your skills are good enough for. If you are not sure from where you can get new info, you can discuss with your teacher about this. Tell him that you dont have great resources and you could use some tips. Visit our research paper writing service online.

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Essay on online shopping is good or bad
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Be your own taskmaster in deciding whether or not your work falls within the scope of a given journal.book publishers abroad or here that might publish such an essay. I was not even aware of this until one of my ib2 students told me not to book my summer tickets too far in advance or too late. Read our tips on why essay writing skills are so vital.

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