7.

0 Conclusion
The competition experienced in this industry is monopolistic competition. Students themselves
choose internet service provider which they believe gives them the most satisfaction. Price as a
factor plays a major role however, which offsets this. As students their access to funds required
to purchase these internet services is severely limited. So income is another deciding factor in the
demand for internet services. Taste and preferences play little part when resources i.e. cash is in
short supply or scarce. Price and Income are the most important factors affecting demand for
internet services among lower and upper sixth students in Presentation College, Chaguanas

Purpose of study
The areas chosen for the study has a high number of youth among their populations. These youth
often take part in negative activity such as smoking and consumption of alcohol. Drug use and
violence have become quite common. If this problem is not addressed, a generation may be at
stake and can lead youths towards a life of crime. The researcher has an interest in this topic as
he has experienced the adverse effects of peer pressure in his life. He is an avid party goer and
take part in these activities occasionally.

Price elasticity of demand of FLOWs internet service in was interpreted as -2 by using the
formula PED = (% Quantity demanded) / (% Price). The price elasticity of demand can be
described as inelastic since there is a less than proportionate change in quantity demanded to a
change in price (% Q

P.E.D =

Quantity demanded
Price

Price=

Qd=

P.E.D =

< % P . It was worked out: (-20%) / (10%) = -2

ChangePrice
Original Price

100
1

Change Quantity Demanded

Original Quantity Demanded
20
10

= -2

$ 500
$ 5000

100
1

X
=

100
1
2 mbps
10 mbps

(% percentage change)

= 10%
X

100
1

= -20%

A Y.E.D of 4 suggests that Flows

internet service is a normal good that is
very elastic. This means that demand
rises by a greater proportion than
income when it rises. Flows internet
services may be elastic since it has
many substitutes such as BLINK.
Y.E.D is an important concept to firms
considering the future size of the
market for their product. Since Flow
has a very high income elasticity of 4, Flow would be more likely to expand rapidly as national
income rises. However they also fall significantly if the economy moves into recession.

MARKS
Intro 3/5 *Fixed Statement of problem and purpose of
research and added delimitations
Lit Rev 4/8 *Expanded on the 4 sources and added conclu.
Data Coll 2/4 *Fixed secondary sources and added
qualitative to primary
Presentation 7/8 * ???
Analysis 7/10 *Added in why results yielded

Discussion 7/12 *Expanded on the sources

Conclusion 2/2 *Full marks
Limitations *Removed bullet points
Rec *Removed bullet point
Overall presentation -1/2 *Expanded on presentation
Writing Skills 2/3 *Improved writing skills
Detailed comments are in the edit column and also check
link for APA as well as the rubric for marking which is in
your syllabus.