Saturday, September 10, 2011
Daily Review--Nintendo 3DS Sales
After Nintendo slashed the price of the gaming system, 235 units were sold with about 80% of the unit sales related to the price cut. Were the sales the result of a change in demand or a change in the quantity demanded?
The best answer is a change in quantity demanded since the price was lowered.
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NICE! Excellent example of chg in Qd vs chng in D, ALSO with a nice dovetail into complements with the discussion of the accompanying software/games. Thanks!
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