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You are project team member working on a new gas chromatography machine that has successfully completed all testing and is ready to sell. The original
You are project team member working on a new gas chromatography machine that has successfully completed all testing and is ready to sell. The original price for the machine has been set as $ 3 5 , 0 0 0 per unit - - this price was based on extensive market research. However, after a few months, the machine is not selling well and the company lowers the price of the machine to $ 3 0 , 0 0 0 . The company puts more effort into sales, doubling down on phone sales and e - mail campaigns to save cash. Still, as the economy founders, sales continue to be poor and the company again lowers the price to $ 2 5 , 0 0 0 - - barely 5 % higher than the company's cost for the machine. Which system archetype is likely being exhibited. tragedy of the commons eroding goals orange stand economics limits to growth
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