Collectors of vinyl records are paying substantial sums for poor recordings of songs that can be purchased
Question:
Collectors of vinyl records are paying substantial sums for poor recordings of songs that can be purchased with much higher quality in digital form at far lower prices.
−− What is the anomaly that drives this situation?
−− Can an entrepreneur profit from this effect?
−− Does this opportunity have anything to do with P/OM?
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Related Book For
Production And Operations Management Systems
ISBN: 9781466507333
1st Edition
Authors: Sushil Gupta; Martin Starr
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