Advances in technology have reduced the cost of manufacturing MP3 players if demand does not change

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asked Apr 14, 2019 14.6k views

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Earl Zedd · Answer 1 · 2019-04-20T19:14:48+0000

Because MP3 players cost less to make, if demand does not change, there will be more profit. This is because there would be the same amount demand and less money being made into making the product, meaning less expense, which means a bigger profit.

Advances in technology have reduced the cost of manufacturing MP3 players if demand does not change

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