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Case Study: Personal Video Recorders

Essay specific features

 

Issue:

Business

 

Written by:

Charles H

 

Date added:

February 21, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 296

 

Was viewed:

1890 times

 

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Essay content:

Therefore, there would be less demand from the advertisers. 2. Qd = 30 – 0.0002P +26V a. The price should charge at $140,000; 28 minutes will be sold; and the total revenue will be $3,920,000. b. If due to PVRs the number of expected viewer falls to 0.5 million, the quantity demand will decrease from 28 to 15...
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The decrease in number of viewers will results in the decrease in demand of advertising. 3. As more viewers begin using PVRs, the revenues of the major networks will most likely decrease. It’s because Total revenue = Price x Quantity Demand. If the price stays the same, the decrease in Qd will result in the decrease in Total Revenue...
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