Thursday, September 18, 2008

Unit 1: Demand for Microsoft's Xbox

The BBC reports a price cut for the Xbox

http://news.bbc.co.uk/newsbeat/hi/newsbeat/newsid_7618000/7618515.stm

a) Using a demand diagram, explain the effect of the price cut
b) Explain how successful you think the price cut will be for Microsoft a) in the short run, b) in thelonger term

No comments: