(Answered) Examine the factors that determine the price of computers

Economics

Examine the factors that determine the price of computers in a free market. In recent years, the price of personal computers has continued to fall even in the face of increasing demand. Analyse with the aid of a diagram how this has occurred.

Introduction

Causes of Price Decrease

Demand Scenario

Effect of Substitutes
Income
Population
Future Expectations

Supply Scenario

Decrease in the Cost of Production
Advancement in the Technology
Efficient Distribution Channel

Conclusion

References

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

Referencing method - Harvard referencing method

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Microeconomics, Economics

Category:- Microeconomics
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