TV Trends to Watch in 2021 In 2021, expect larger and cheaper 4K TVs, a new level

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TV Trends to Watch in 2021 In 2021, expect larger and cheaper 4K TVs, a new level of voice control, interaction with other smart products, and mini Led backlights to improve color contrast and overall picture quality.

Source: consumerreports.org, January 6, 2021

a. Explain how the advance in TV technology will influence the market for streaming services in the short run and in the long run.

Illustrate your explanation with a graph.

b. Explain how the market for streaming services will influence the market for 4K TVs.

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:01 PM

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TV Trends to Watch in 2021 In 2021, expect larger and cheaper 4K TVs, a new level

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a In the short run advances in TV technology could stimulate the market for streaming services For instance as 4K TVs with exciting new features becom...View the full answer

Economics

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