Impact on demand in a competitive market

Reference no: EM1375603

Determine what effect should each of following have upon demand for profitable music players in a competitive market?

[1] The development of improved, low priced devices that compete with the music players
[2] An increase in population and incomes
[3] A substantial increase in the number and quality of music for players
[4] Customer expectations of substantial price increases in music players

Reference no: EM1375603

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