Suppose microsoft chooses to produce 80 million copies of, Ask an Expert

Economics

Q. Suppose Microsoft chooses to produce 80 million copies of software per year and sells copies of software to retailers at $199 per copy. Now consider problem of a retailer like Circuit City or Best Buy. Such retailers can sell as many copies of Vista y like at prevailing market price of $200. Calculate Circuit City's revenue if it were to produce 0, 2, 4, 6, 8, 10, 12, 14, or 16 million copies per year. In graph below, plot its total revenue in each case.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9306657

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