Purchasing Computer
A product that I have had experience purchasing is a computer. I bought it for attending college, but I have used it for so many other purposes. Today, having a computer has almost become a necessity; people use them for school, shopping, research, and communication. Many things that you may be on the lookout for, you can only find on the internet. Today, many people own a computer already and have no need to purchase another one. New discoveries in technology could be a factor in the change of supply and demand. For instance, if they found a newer and cheaper way to produce computers, then the price of them would go down, making the demand rise even more. Some of this products substitute would be another factor. Substitutes are goods that are usually used in place of one another. Today, people are able to access the World Wide internet through their cellular devices, giving them the opportunity to make the same transactions or do the same research that they would be able to do on their computers; this is making it almost unnecessary to own a computer. There are also places like the public library that offers use of their computers at no cost to you, which is how I did all my homework and research for school before purchasing a computer. These substitutes could make the demand for computers to decrease, which in turn will cause the quantity to increase. There are some items that are made to complement computers, such as software or routers. Without some of these products, the computer that you purchased may be of no use to you. In the case of schooling, there are requirements for certain software’s that do not come already included in your computer purchase, and you also need to set up your means for internet connection, which would require a wireless router, broadband, dial-up, or Wi-Fi. Either way, your computer does not come already installed with these applications, they must be purchased separately. The impact that computers have on people’s everyday life