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According to this case study, which of the following are true about the television industry? Multiple select question. When flat panel TVs were first introduced
According to this case study, which of the following are true about the television industry? Multiple select question. When flat panel TVs were first introduced around 2001, they were priced at about $10,000. Retailers pressured TV makers to charge higher prices. By 2005, prices for a 30-inch television dropped below $800. Vizio could charge low prices for its TVs because it had low overhead costs and took slim margins
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