Demand for portable music players in a competitive market

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Reference no: EM13798059

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 development of improved, low-priced devices that compete with music players.

B) An increase in population and incomes.

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

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

Reference no: EM13798059

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