Microsoft is able to reduce the cost of software by distributing it on the internet, rather...
Microsoft is able to reduce the cost of software by distributing it on the internet, rather than selling it in stores, how will this change affect price, quantity, and profits. Please show these results in a diagram.
Homework Answers
It can actually be mentioned that decrease in price and increase in equilibrium quantity can be observed if the cost of software is reduced because the supply curve is shifted to the right and since it is the elastic good with the decrease in price the profits can increase all in all
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Microsoft is able to reduce the cost of software by distributing
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recent article in a trade journal has caught the attention of
management because the company has experienced soaring inventory
handling costs. The article notes that similar firms have
purchasing, warehousing, and distribution costs that average 13
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management when compared to its results for the past year, shown in
the following table.
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