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Blu-Ray Players Were Introduced to the Market in 2006,and New

question 207

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Blu-ray players were introduced to the market in 2006,and new technology has allowed for the cost of manufacturing the players to decline significantly since the initial introduction.How did this change in technology affect the market for Blu-ray players?


Definitions:

Substantial

Significantly valuable, large, or meaningful.

Repudiation

The rejection or refusal to acknowledge or pay a debt, obligation, or contract.

Terminate Contractual Duties

The act of formally ending obligations stipulated in a contract by mutual agreement or as allowed by the contract terms.

Perfect Performance

The fulfillment of all obligations in a contract in the manner that was specified and agreed upon by the parties involved.

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