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In 1985,International Data Corp

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In 1985,International Data Corp.(IDC)estimated that 3.7 million desktop computers had been sold at an average price of $1,054.In 2000,the number sold in the United States had risen to 132 million,with the average price decreasing to $700.The change in individuals' tastes and preferences has increased their demand for computers.Explain how the price of computers dropped over the 15-year period from 1985 to 2000.


Definitions:

Background Section

A part of a document that provides context or necessary foundational information relevant to the subject at hand.

History Section

A designated part of a document, presentation, or exhibit that focuses on the historical context or background of the subject matter.

Share-Ownership

The holding or possession of shares in a company, giving the holder a stake in the company's equity and potentially a say in its governance.

Ownership Culture

A work environment where employees have a stake in the company's success and act like owners.

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