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When Victor Calls for Technical Support with His Computer, He

question 115

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When Victor calls for technical support with his computer, he speaks to someone in India. He gets angry about this situation because his brother is a computer wizard, but can't find work here in Canada. What is the market phenomenon that has created this situation?


Definitions:

Full House

A term used in both real estate, to indicate a fully occupied building, and in poker, to describe a hand containing three cards of one rank and two of another.

Ticket Prices

the cost assigned to purchasing a ticket for an event, such as a movie, concert, or sporting event.

Price Inelastic

A description of a good or service's demand when its quantity demanded is relatively insensitive to changes in its price.

Baseball Cards

Collectible items featuring baseball players, teams, or events, traditionally traded and valued by enthusiasts.

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