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Please review and answer the below question. You are not necessarily doing any computations but are instead reviewing the information and making a decision. 12012020

Please review and answer the below question. You are not necessarily doing any computations but are instead reviewing the information and making a decision.

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12012020 Connect Homework 1 i Saved Help Save & Exit Submit You are the manager of a midsized company that assembles personal computers. You purchase most components - such as random access memory (RAM) - in a competitive market. Based on your marketing research, consumers earning over $80,000 purchase 1.5 times more RAM than consumers with lower incomes. One morning, you pick up a copy of The Wall Street Journal and read an article indicating that input components for RAM are expected to rise in price, forcing manufacturers to points produce RAM at a higher unit cost. Based on this information, what can you expect to happen to the price you pay for eBook random access memory? Would your answer change if, in addition to this change in RAM input prices, the article indicated that consumer incomes are expected to fall over References the next two years as the economy dips into recession? Explain. This question will be sent to your instructor for grading

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