The introduction of the iPad for about $500 marked the begin

Homework Assistance Economics The introduction of the iPad for about $500 marked the begin

Economics

The introduction of the iPad for about $500 marked the begin

The introduction of the iPad for about $500 marked the beginning of a new era for the highly competi… Show more The introduction of the iPad for about $500 marked the beginning of a new era for the highly competitive industry of tablets. Assuming current sellers of tablet computers continue to make huge profits: a) What do you think will happen to the price of tablet computers? Please explain. (4 pts) b) Whom do you think will reap most of the benefits of any technological innovations in tablets in the next five years; buyers or sellers? Please explain. (4 pts) • Show less

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