Cellular Technology Supply and Demand The Change Free Essay, Term Paper and Book Report
Abstract
There is a trend toward consumers disconnecting their home phones in favor of using their cell phones. How you ever wonder why are you paying two phone bills when you can only be paying one?
This paper will focus on the supply and demand change that we have been facing the since the cellular phone technology was introduced.
The absolute advantage of the cell phones
It seems like just about everyone has a cell phone these days. And as a result, more and more people are dropping their home, land-line phones and going with just their cell phones
In 1999 two percent of cell phone users have no home phone. One company says that, of its new customers, 9 percent have no phone at home, up from 4 percent last year. Among those retaining a phone at home, about 12 percent of calls have shifted to cell phones. The 72 million wireless users in 1999 are expected to double in the next 4 years. By the year 2004, usage is predicted to be 554 billion minutes, up from 105 billion minutes in 1998.
The reasons are price and quality. The cost of cell phone usage is falling by about 3......
Word Count: 649
Page Count: 2.5 (250 words a page / double spaced)
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