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Amazon's first Kindle sold for $400 in November 2007, and less than four years later an updated Kindle with 8x the memory, hit the market
Amazon's first Kindle sold for $400 in November 2007, and less than four years later an updated Kindle with 8x the memory, hit the market for $80. What is the main reason for the price drop? A. Impact of Economies of scale B. Bargaining power of consumers C. Impact of Moore's Law D. Lack of interest in books E. Amazon losing market share
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