Demand and quality
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1. Does better quality decrease or increase demand? why? Debate both perspectives.
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Solution Summary
How changes in product quality can affect demand
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Better quality can increase demand for a product because people find it more useful. Poorly made products are sometimes more trouble than they are worth. Toys that break on the first use, or electronics that malfunction after a short time, are generally not worth purchasing. If improvements in quality eliminate these problems, ...
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