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Smartphones are useless without an operating system. Similarly, an operating system is worthless without a device. In such markets, consumer demand is a function of
Smartphones are useless without an operating system. Similarly, an operating system is worthless without a device. In such markets, consumer demand is a function of two complementary products that will be purchased together. We can thus express demand for smartphones and operating systems with the function D(p1,p2)=1202(p1+p2), where p1is the price of a smartphone and p2 is the price of an operating system
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