Based on the computer industry what are the positive and negative effects of either a sudden increase or decrease in the number of competitors on prices in the long run.
What would you recommend as a course of action, if any, and how would price moves from today to the future?© BrainMass Inc. brainmass.com March 4, 2021, 11:14 pm ad1c9bdddf
Lets assume that there is a sudden increase in the number of competitors in the computer industry.
-An increase in the number of competitors would mean that more computers would be supplied in the market. As the supply of computers increase, price of computers would go down.
-Another positive effect ...
The solution discusses how would price moves from today to the future and what to recommend for this course of action.