Post on 08-Mar-2023
Economics School-Based Assessment
Name: Kenville Jack
School: St. Martin Secondary school
Territory: St. Vincent and the Grenadines
Candidate Number:
Subject: Economics
School code:
Teacher: Mr. Hinds
Date Submitted:
Title: An investigation of the demand for internet
services at the St. Martins secondary school between the
period of February 18th 2014 to March 5th 2014.
Introduction
In 1996, Glass founded Kelcom International Limited with acquisition of
CATV license in St. Vincent & the Grenadines, trading as Karib Cable. In 2002,
due to telecommunications de-regularization throughout the OECS, new
opportunities became apparent. Karib Cable successfully negotiated its ISP
licenses in St. Vincent & the Grenadines and broadband internet service was
also launched.
LIME, an acronym for 'Landline, Internet, Mobile, Entertainment', is owned
by the British based Cable & Wireless Communications. The company formed
from the integrated businesses of Cable & Wireless in the Caribbean which
adopted the LIME name on 3rd of November 2008.
With people spending a lot of time accomplishing tasks and doing
researches, the internet has become very important to individuals nowadays.
Without the internet some individuals think that they cannot survive because
of how it is used to provide a variety of information and communication
facilities in order to get the work done quickly and/or enjoy one’s self with
family and friends. People are becoming very lazy and find it difficult to open
a book to find information, so instead they use the internet to gather the
information quickly. Businesses also use the internet to do market researches
and many other activities. The internet has basically any and every thing.
More than 50% of homes in St. Vincent and the Grenadines has internet
and for those that cannot afford the internet, the Government has provided
facilities to them.
With people wanting to send or receive emails, use search engine to
gather information, looking for hobby or interest on the web. I have decided
to do an investigation of the Internet Service industry within St. Vincent with
reference specifically to LIME and Karib Cable.
Acknowledgement
I would like to thank everyone who would have contributed to the
completion of this School-Based Assessment. First of all I would like to thank
God firstly for the opportunity to do such a project and also for the wisdom,
strength and understanding to complete this assignment. Other people who I
would like to thank are:
My Economics teacher for his constant advices and willingness to help.
All those who answered the questionnaires distributed.
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My family for helping and supporting me during the execution of this
project.
Objectives of research
The aims of this investigation are:
1. To establish the type of relationship there is between price and
quantity demanded for internet service at LIME and Karib Cable. 2. To examine of the principal factors affecting the demand of LIME and
Karib Cable.3. To examine the price elasticity of demand of internet service at LIME
and Karib Cable.4. To determine whose internet service can mainly be found in form 5 of
the St. Martins secondary school.5. To briefly examine the market structure for internet service in St.
Vincent.6. To briefly examine the market conditions affecting the supply of
internet service at LIME and Karib Cable in St Martin’s secondary
school.
Method: The SBA was conducted at the St. Martin’s secondary school.
Primary Sources:
1. Questionnaire: Twenty questionnaires were shared out to students in
form 5 of the St. Martin’s secondary school.2. Interview: The managers of LIME and Karib Cable were interviewed to
obtain information such as how they attract customers to their
business.
Secondary Sources:
1. Textbooks: Economics textbooks were used to have a clear
understanding of the Laws of Demand and Supply.2. Internet: The websites listed in the bibliography were used to further
clarify economic concepts to enhance the school-based assessment.
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Presentation and Explanation of data
Question 1: All of the students have access to the internet in their homes.
Students who have internet at their homes:
Do you have access to the internetat your home? # of students
Yes 20
No 0
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10
2
4
6
8
10
12
14
16
18
20
Comparision of those students who have internet and those who do not
Question 2: 60% of these students internet service provider is LIME while the other 40% internet service
provider is Karib Cable.
Students Internet Service Providers:
Internet service providers # of students
LIME 12
Karib Cable 8
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LIME; 60%
Karib Cable; 40%
Students Intenet Service Providers
Question 3: Out of the 20 students, most of them said that their parents pay for the internet while the
other students said that their grandparents pay for the internet.
Who pays for the internet? Results
Myself 0
Parents 16
Grandparent(s) 4
Other 0
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80%
20%
The payer for the internet
Myself Parents Grandparents Other
Question 4: All of the students said that the person who pays for the internet at their home currently has a
job.
Does the person who pays for the internet have a job? Results
Yes 20
No 0
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Yes No
0
5
10
15
20
25
# of Persons who have Jobs
Question 5: 20% of the students said that the person who pays for the internet is a part-time employee
while the remaining 80% said that the person is a full-time employee.
The person who pays for the internet a:
Part-Time employee 4
Full-Time employee 16
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Part-Time Full-Time0
2
4
6
8
10
12
14
16
# of Part-Time and Full-Time employees
Question 6: 16 students said that the person who pays for their internet occupational classification is
white collar while the other 4 said its blue collar.
occupational classifications # of students who checked it
white collar 16
blue collar 4
# of persons with their occupational classifications
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white collar blue collar0
2
4
6
8
10
12
14
16
18
Question 7: 90% of the students said that they use the internet for social networking while the remaining
10% said that they use it for information.
What do you use the internet mostly for? # of students
Information 2
Social network 18
Marketing 0
Communication 0
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