Hundreds of music stores have been closing in the face of stagnant demand for CDs because of
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Hundreds of music stores have been closing in the face of stagnant demand for CDs because of new competition by online music vendors.
a. How would price competition from these new sources cause a retail store to close?
b. In the long run, will CDs remain a viable product? If so, how?
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Price Competition and the Decline of Music Stores a How Price Competition Closes Stores Online music vendors can significantly impact brickandmortar s...View the full answer
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