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Ryan Dech

on 22 April 2010

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Transcript of technology

New technology can make production more efficient and less expensive. This results in the cost of production decreasing, and producers are able to supply more goods and services at a higher profit. 1)In 1983, at the US and European launch of the CD format, Philips with their CD100 CD player (sold as Magnavox in the US), showcased the first top loading CD tray designs. 1)Cassete players prices and vaule went down when cd players came in to effient
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