Question

4. a) Fat-screen tv sets have become cheaper and better over the years, and even people who dont have cable tv service have
0 0
Add a comment Improve this question Transcribed image text
Answer #1

A flat-screen TV and streaming service subscription are the examples of complementary goods as complementary goods are the one that are used to together and the decrease in the price of the one goods increases demand for other good and vice-versa. In this case, flat-screen tv has become cheaper which increase the demand for streaming service subscriptions.

Add a comment
Know the answer?
Add Answer to:
4. a) Fat-screen tv sets have become cheaper and better over the years, and even people...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • What type of market structure best describes this market? Provide specific evidence to support your claim,...

    What type of market structure best describes this market? Provide specific evidence to support your claim, including (but not limited to) the actions of the firms and the characteristics of the market. If you were Netflix, what might your future course of action be? Why? If you were Amazon, what might your future course of action be? Why? Netflix is Almost as Popular as Cable Among Young Adults % of American adults who subscribe to the following Pay-TV services, by...

  • Read the case: Netflix Inc.: The Second Act - Moving into Streaming and complete your case...

    Read the case: Netflix Inc.: The Second Act - Moving into Streaming and complete your case analysis. Discuss the following: 1) briefly summarize the key marketing strategy issues in the case that are still relevant TODAY in addition to contemporary issues you find via research; 2) make thorough recommendations on how the issues should be handled; 3) provide a justification for the recommendations. Case write-ups should be 3-5 pages, double spaced, 12 font size in Times New Roman. The case...

  • Netflix Case Analysis for the article “How Netflix sent the biggest media companies into a frenzy,...

    Netflix Case Analysis for the article “How Netflix sent the biggest media companies into a frenzy, and why Netflix thinks some are getting it wrong” by Alex Sherman, CNBC, Wed, 13 June 2018 Background/Problem Statement Netflix began in 1997 but did not cause a major disruption in the media business until later in its existence when it began its DVD order service, which many believe took out Blockbuster, and the like, and it's true big disruption when it began its...

  • CASE STUDY Apple's iPhones-Not "Made in America" and most Apple has become one of the best-...

    CASE STUDY Apple's iPhones-Not "Made in America" and most Apple has become one of the best- h, al operation in part ahrough The globalization of human c There are risks and rewards for all in a global economy in a range of contractors, firms winners and losers around the world companies and their stockholders, res · s up and down the supply chain, employed people, and unemployed people tie In February 2011, President Obama asked Apple's Steve Jobs(nowdee why Apple...

  • As a digital retailer,how does alibaba provide value to Chinese consumers ? whit sets of values...

    As a digital retailer,how does alibaba provide value to Chinese consumers ? whit sets of values are unique to the chinese market? Given that alibaba does not own or distribute any of the merchandise exchanged on its sites, describes what factors had to develop for the company to succeed. Analyze Alibaba's business model relative to all the different forms of digital and online marketing covered in this chapter. Can alibaba succeed in countries outside of China? Why or why not?...

  • What are your top 3 takaways from this article? It’s always tempting to see the present...

    What are your top 3 takaways from this article? It’s always tempting to see the present moment as the peak of chaos and disruption, whether we’re talking about politics or just how those teenagers behave today. The same is true in marketing, because in many ways that profession is always in a state of chaos and disruption. But I don’t think it’s hyperbole to apply “peak chaos and disruption” to social media marketing in the first quarter of 2018. Let’s...

  • How does this article relate to the factors of productions in economics? From Music to Maps,...

    How does this article relate to the factors of productions in economics? From Music to Maps, How Apple’s iPhone Changed Business Ten years ago, hailing a cab meant waiving one's arm at passing traffic, consumers routinely purchased cameras, and a phone was something people made calls on. The iPhone, released a decade ago this month, changed all of that and more, sparking a business transformation as sweeping as the one triggered by the personal computer in the 1980s. Apple Inc.'s...

  • Will facebook be able to have a successful business model without invading privacy? explain your answer?...

    Will facebook be able to have a successful business model without invading privacy? explain your answer? could facebook take any measures to make this possible? BUSINESS PROBLEM-SOLVING CASE Facebook Privacy: Your Life for Sale Facebook has quickly morphed from a small, niche haps most obviously. Facebook allows you to keep in networking site for mostly Ivy League college stu- touch with your friends, relatives, local restaurants, dents into a publicly traded company with a market and, in short, just about...

  • What happened on United flight 3411?What service expectations do customers have of airlines such ...

    What happened on United flight 3411?What service expectations do customers have of airlines such as United and How did these expectations develop over time? Thank You! In early April 2017, United Airlines (United), one of the largest airlines in the world, found itself yet again in the middle of a service disaster this time for forcibly dragging a passenger off an overbooked flight. The incident was to become a wake-up call for United, forcing it to ask itself what to...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT