In early 2017, a headline in the Wall Street Journal read: Pricey Virtual-Reality Headsets Slow to Catch
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In early 2017, a headline in the Wall Street Journal read: “Pricey Virtual-Reality Headsets Slow to Catch On.” Is it possible that Sony, Facebook, and the other firms producing virtual-reality headsets were better off keeping prices high when initially offering them for sale, even if the result was a smaller quantity sold? Briefly explain.
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Firms that produce and sell virtualreality headsets ma...View the full answer
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