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Computers Are a Complement to Computer Software

question 9

Essay

Computers are a complement to computer software. Suppose the price of a computer falls. How does this fall in price affect the demand for computer software and the demand curve for computer software?


Definitions:

Familiarity And Trust

The relationship between how well we know something or someone and the confidence we place in them or it.

Value

The importance, worth, or usefulness of something to someone, often measured in terms of monetary, social, or strategic significance.

S.A.V.E. Framework

A marketing concept that focuses on Solution, Access, Value, and Education to better meet customer needs and differentiate from competition.

Marketing Mix

The combination of product, price, promotion, and placement of what a company is offering.

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