As more and more people bought home computers during the 1990s, the demand for access to the World Wide Web and the Internet increased sharply. At same time, new companies like Earl’s began to enter...

As more and more people bought home computers during the 1990s, the demand for access to the World Wide Web and the Internet increased sharply. At same time, new companies like Earl’s began to enter the internet-access market competing with older, more established services such as American Online. Despite a massive increase in demand, the price of access to the Web actually declined.

Change in Demand

Increase

Decrease

Did not Change

Indeterminate

Change in Supply

Increase

Decrease

Did not Change

Indeterminate