Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2a At one time in the past, high-end cameras sold in the U.S. by Japanese manufacturers (e g., Nilton, Can on) came with a V.S.A.

image text in transcribed
2a At one time in the past, high-end cameras sold in the U.S. by Japanese manufacturers (e g., Nilton, Can on) came with a "V.S.A." warranty. The identical cameras gold in some other countries at lower prices came with an "International" warranty. The terms of the warranties were also identical, but the companies would not honor the International warranty in the U.S. Briefly explain why the companies didn't simply have one warranty that was honored in all countries. (6 pts.) b. (Unrelated to the above) In the 1990's, Sony originally sold its MiniDisc, (an MPS sound recording device) in two versions. One recorded 74 minutes of sound, the other 60 minutes. The physical recording capacity of the two devices were identical, but the 60 minute version had encoded instructions that limited the quantity of recorded material to 60 minutes. Based on relevant Econ 804 concepts, provide a plausible explanation as to why Sony marketed the 60 minute version of its MiniDisc alongside the 74 minute version. (6 pta.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Vanishing American Corporation Navigating The Hazards Of A New Economy

Authors: Jerry Davis, Gerald F Davis

1st Edition

1626562792, 9781626562790

More Books

Students also viewed these Economics questions

Question

2. What factors infl uence our perceptions?

Answered: 1 week ago

Question

4. Does mind reading help or hinder communication?

Answered: 1 week ago