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Brokers who sell stocks over the Internet can serve many more customers than those who transact business by mail or over the phone. How will
Brokers who sell stocks over the Internet can serve many more customers than those who transact business by mail or over the phone. How will the expansion of Internet access affect the average incomes of stockbrokers who continue to do business in the traditional way?
Expansion of Internet access will shift the supply curve for brokerage services to the
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and this in turn will
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the incomes of brokers who do business in the traditional way.
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