Description of this paper

The average retail price of DVD players

Description

solution


Question

The average retail price of DVD players fell by two-thirds in four years from $360 in 1998 to $120 in 2002. In the same period, HDTV sets fell in price by oonly one-thrid from $3,000 to $2,000. You observe that many ISPs are writing applications for the DVDs that movie production companies inevitably release in DVD format today. How could this factor help explain why digital tv sets have not caught on as yet and continue to remain few in number and high in price?

 

Paper#26160 | Written in 18-Jul-2015

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