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Essay

supply, demand, and price change

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Issue:

Business

 

Written by:

Daniel M

 

Date added:

October 16, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 611

 

Was viewed:

7457 times

 

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Essay content:

The Xbox 360 Core System is now $299.99 and is a basic console with a 9 foot long corded controller, Xbox Live silver subscription, and standard audio / visual cables (Wikipedia, 2005). "Most retailers have refused to say how many of the consoles they have in stock, but Microsoft has conceded that an ambitious plan to launch the console worldwide within a few weeks will mean fewer consoles initially in North America...
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This statement made by Microsoft representatives, warned consumers that there was a low supply of this product, and that there would continue to be a low supply, for some time. Microsoft's Xbox 360 began to be sold in the United States on November 22, 2005, in the United States. On November 21, 2005, people were standing in line at stores waiting for 12:00am...
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