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Business Week recently declared, We have entered the Age of the Internet, and observed that when markets for goods or services gain access to the

Business Week recently declared, "We have entered the Age of the Internet," and observed that when markets for goods or services gain access to the Internet, more consumers and more businesses participate in the market.

Use supply and demand analysis to predict the effect of e-commerce on equilibrium output and equilibrium price of products gaining a presence on the Internet.

Postings should be a minimum of one short paragraph and a maximum of four paragraphs. Address the question as much as possible (do not let the discussion stray). Try to use quotes from your articles or other sources that support your postings. Include page numbers. Bring in related prior knowledge (work experience, prior coursework, readings, etc.) when appropriate. Use proper language, correct spelling, correct punctuation, etc.

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