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A. Suppose 3DWorks commissioned a market research company to survey a variety of industries to determine how much each would be willing to pay for
A. Suppose 3DWorks commissioned a market research company to survey a variety of industries to determine how much each would be willing to pay for its own 3D printing machine. Armed with that information, how would 3DWorks go about determining what price to charge for its machines? B. Suppose that after a few dozen companies purchase the product, word spreads to other firms and they become aware of the usefulness of the product. As a result, demand increases and becomes more inelastic. How should 3DWorks respond to this
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