Albert Espinoza-Microsoft Edge https/www.mathl 5019567328questionld-1flushed-fab

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Albert Espinoza-Microsoft Edge https/www.mathl 5019567328questionld-1flushed-fabecld-5214675acenterwin-yes ECON-2301-41478 Albert Espinoza &19/8/18 3:32 PM Homework: Homework Chapter 1 Score: 0 of 1 pt Concept Question 1.3 Save 3 of 10 (2 complete) Score: 20%, 2 of 10 p Question Heip Speockets, Inc, a Fortune they need to considern 500 company, wants to onter the over-the-top (OTT) idso industry with a new streaming video product What key econonmac questions wil A. The impact a streaming video service wil have on Sprockels Cable TV . what market demand wil est to pay $15 a mortuto servo O C. Whether to launch the service in the Summer or the Fall O D. Both A and B OE. Both B and C Click to select your answer and then cick Check Answer

Explanation / Answer

Ans:

Option D

Both A and B

In this case, the key economic questions need to be considered are the impact a streaming video service will have on Sprockets Cable TV and the market demand at a price of $15 per month for the service.There are several aspects that need to be considered when introducing a new product or service.some of them are

a) Price of the product or service and its demand at different prices.

b) Impact of the new product on existing products of the company.

c) complete market research to understand the target market.

d) design,packaging and marketing strategies.

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