What effect should each of the following have upon the demand for portable music players in a competitive market? Explain your reasoning in each case.

A) The developement of improved, low-priced devices that compete with music players.

B) An increase in population and incomes.

C) A substancial increase in the number and quality of music for players

D)Consumer expectations of substancial price increases in music players.

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Hubert KochLv2

18 Jan 2019

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