Revision: Console wars
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I will be using this table with my A2 microeconomics group as a revision exercise - partly to discuss competition in a contestable market; the factors that determine pricing power and other micro concepts such as elasticities of demand, economies of scale and hardware product cycles. How else could the data be used? Suggestions please! I have made the original word document available for download below.
Console prices
Console_Prices.doc
Tags: demand, prices, competition, oligopoly, contestable
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